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December 22, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Power And Communication Transmission Line Construction Loan | ||||
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I Need a Business Loan in Cape Coral, Florida
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Financing for Power and Communication Transmission Line ConstructionLooking for commercial loans for power and communication transmission line construction? The SBA may be the answer. This $30,000 power and communication transmission line construction loan was issued by a Virginia bank. This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Capital One, out of Mclean, Virginia. The loan was granted and they received $30,000 to help grow their Cape Coral, Florida business. SBA Loan Borrower COMPANY TYPE: POWER AND COMMUNICATION TRANSMISSION LINE CONSTRUCTION SBA Loan Lender CAPITAL ONE 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 234920 - Power and Communication Transmission Line Construction Loan Approval Date 10/17/2002 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $15,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $30,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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 Bank Loans in Mclean, Virginia Getting an SBA Loan in Virginia
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