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December 26, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Charlottesville, Business Loans > Union Bank And Trust Company Charlottesville Business Loans > Colors On Parade Auto Recondit Loan | ||||
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How to Get SBA Loans in Charlottesville, Virginia
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Borrow Money to Buy a Colors On Parade FranchiseNeed money to invest in a Colors On Parade franchise? Union Bank And Trust Company has a history of making these loans and they are guaranteed by the SBA. Colors On Parade franchise loans are available to Charlottesville, Virginia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Union Bank And Trust Company, based in Charlottesville, Virginia, issued an SBA franchise loan for a Colors On Parade franchise in 2003. We've got all the details on this Virginia small business loan. SBA Loan Borrower COLORS ON PARADE AUTO RECONDIT SBA Loan Lender UNION BANK AND TRUST COMPANY 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 7538 - General Automotive Repair Shops NAICS Code 811111 - General Automotive Repair Loan Approval Date 1/2/2003 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 used to buy a Colors On Parade franchise. At the time of the loan, the company had 9 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. 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: Who Lends Money to Small Businesses in Charlottesville, Virginia Browse All Business Loan Sources for Virginia
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