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November 15, 2024  
 
 
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Loan Census SBA Loan Info

Mclean, Virginia Bank Lends Money to Musical Groups And Artists Company in Attleboro, Massachusetts

Thinking about meeting with a Mclean, Virginia bank about a business loan? Here's one Massachusetts business loan, issued by a Mclean bank, that was approved by the SBA.

Applying for an SBA loan with Capital One worked out well for our friends at one local firm in Attleboro, Massachusetts. The business was able to get an SBA loan for $15,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: MUSICAL GROUPS AND ARTISTS
ATTLEBORO, MA 02703

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

711130 - Musical Groups and Artists

Loan Approval Date

1/29/2007

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 16 employees. The loan application indicated that the loan would help generate 20 new jobs and retain 16 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are raising money in Attleboro MA, you ought to talk with a local Attleboro SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Attleboro businesses.

We can help you find the best banks for small businesses in Attleboro or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Small Business Loan

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Virginia SBA Bank Lenders