Raising Money for Automotive Glass Replacement Shops
With these bank loans for automotive glass replacement shops, the SBA guarantees the lender that the loan will be repaid. This automotive glass replacement shops loan for $100,000 was given to a Florida entrepreneur in 2007.
This company knew how to go about getting a business bank loan. Based in Bradenton, Florida, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Capital One, based in Mclean, Virginia.
SBA Loan Borrower
COMPANY TYPE: AUTOMOTIVE GLASS REPLACEMENT SHOPS
BRADENTON, FL 34205
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
811122 - Automotive Glass Replacement Shops
Loan Approval Date
6/26/2007
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 18 employees. The loan application indicated that the loan would help retain 18 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Role of Business Plan When Raising Money
Small Business Banks in Mclean, Virginia
SBA Lenders in Virginia