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December 25, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Grundy, Business Loans > Trupoint Bank Grundy Business Loans > Millwork Loan | ||||
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Virginia Bank SBA Loans
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Trupoint Bank SBA Loan to Millwork CompanySearching for a Virginia small business loan? Here's one Virginia business loan that was approved by the SBA. This small business needed an SBA business loan in Cedar Bluff, Virginia back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Trupoint Bank, operating out of Grundy, Virginia. Here are the details on this Virginia small business loan. SBA Loan Borrower COMPANY TYPE: MILLWORK SBA Loan Lender TRUPOINT BANK This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2431 - Millwork Loan Approval Date 5/19/2000 Loan Approval Gross Amount $175,000 Loan Approval from the SBA Of the total $175,000 loan amount, the SBA guaranteed $131,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a company in Cedar Bluff VA, you ought to talk with a local Cedar Bluff SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cedar Bluff businesses. We can help you find the best banks for small businesses in Cedar Bluff 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: SBA 7A Banks in Grundy, Virginia Find an SBA Lender in Virginia
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