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December 22, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Vienna, Business Loans > Community Bank - Northern Virgin Vienna Business Loans > Video Tape Rental Loan | ||||
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Community Bank - Northern Virgin
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Community Bank - Northern Virgin SBA Loan to Video Tape Rental CompanyAn SBA loan from Community Bank - Northern Virgin typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Centreville, Virginia business owner got a $50,000 loan. This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Community Bank - Northern Virgin, out of Vienna, Virginia. The loan was granted and they received $50,000 to help grow their Centreville, Virginia business. SBA Loan Borrower COMPANY TYPE: VIDEO TAPE RENTAL SBA Loan Lender COMMUNITY BANK - NORTHERN VIRGIN This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7841 - Video Tape Rental NAICS Code 532230 - Video Tape and Disc Rental Loan Approval Date 11/18/2002 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. 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 4 employees. The loan application did not indicate that the business promised to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Good Banks for Small Business in Vienna, Virginia
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