Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Compton, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Men's Clothing Stores SBA Loans

Looking for SBA loans for men's clothing stores? Try the SBA. This $35,000 men's clothing stores loan was issued by a Virginia bank.

Getting a small business loan in Compton, California was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Capital One Bank (usa), operating out of Glen Allen, Virginia. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: MEN'S CLOTHING STORES
COMPTON, CA 90221

SBA Loan Lender

CAPITAL ONE BANK (USA)
4851 COX RD
GLEN ALLEN, VA 23060

This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

448110 - Men's Clothing Stores

Loan Approval Date

10/9/2007

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Compton CA, you ought to talk with a local Compton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Compton 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:

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Best Banks for Small Business in Glen Allen, Virginia

SBA Lenders in Virginia