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December 25, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks That Lend to Cloverdale Businesses

 

 
Loan Census SBA Loan Info

Cloverdale, Virginia Entrepreneur Gets a Small Business Loan

Would a Virginia small business loan help your small business to grow and prosper? If so, you may want to talk with this Virginia bank, which offers SBA loans to Virginia entrepreneurs.

You can learn something about getting a small business loan in Cloverdale, Virginia by studying this loan to a local company, made back in 2001. Banks like The Bank Of Fincastle may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: CARWASHES
CLOVERDALE, VA 24077

SBA Loan Lender

THE BANK OF FINCASTLE
17 S ROANOKE ST
FINCASTLE, VA 24090

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7542 - Carwashes

NAICS Code

811192 - Car Washes

Loan Approval Date

3/6/2001

Loan Approval Gross Amount

$526,300

Loan Approval from the SBA

Of the total $526,300 loan amount, the SBA guaranteed $394,725.

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 2 employees. The loan application did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start a small business or need money for an existing business, an SBA loan can be a great funding source

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from The Bank Of Fincastle so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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Best Banks for Small Business in Fincastle, Virginia

Virginia SBA 7A Lenders