Financing for Personal Care Services
With these commercial loans for personal care services, the SBA guarantees the lender that the loan will be repaid. This personal care services loan for $360,000 was given to a Virginia entrepreneur in 2006.
This small business knew how to go about getting a business bank loan. Based in Centreville, Virginia, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Commerce Bank, based in Flemington, New Jersey.
SBA Loan Borrower
COMPANY TYPE: PERSONAL CARE SERVICES
CENTREVILLE, VA 20120
SBA Loan Lender
COMMERCE BANK
1 ROYAL RD
FLEMINGTON, NJ 08822
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812199 - Personal Care Services
Loan Approval Date
2/28/2006
Loan Approval Gross Amount
$360,000
Loan Approval from the SBA
Of the total $360,000 loan amount, the SBA guaranteed $270,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
If you have been wondering how do i get money to start a business in Centreville VA, you ought to talk with a local Centreville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Centreville businesses.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Bank Credit Lines
Where to Get an SBA Loan in Flemington, New Jersey
New Jersey SBA 7A Lenders