Chantilly, Virginia Entrepreneur Gets a Bank Loan
Searching for a Virginia SBA loan? This Virginia entrepreneur got an SBA loan, provided by a California bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Chantilly, Virginia by studying this loan to a local business, made back in 2001. Banks like Wachovia Sba Lending, Inc. may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: REPAIR SHOPS AND RELATED SERVICES
CHANTILLY, VA 20151
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
At the time this loan was granted, this bank was part of the SBA's Certified Lenders Program (CLP). This program aims to offer quick service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7699 - Repair Shops and Related Services
NAICS Code
811490 - Personal and Household Goods Repair and Maintenance
Loan Approval Date
2/14/2001
Loan Approval Gross Amount
$678,000
Loan Approval from the SBA
Of the total $678,000 loan amount, the SBA guaranteed $508,500.
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 11 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
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.
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