Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

SBA Lender El Cajon California

 

 
Loan Census SBA Loan Info

Where to Get Capital for Residential Remodelers

Looking for small business loans for residential remodelers? Talk to a banker who works with the SBA. This $35,000 residential remodelers loan was issued by a Virginia bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Capital One, out of Mclean, Virginia. The loan was granted and they received $35,000 to help grow their El Cajon, California business.

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL REMODELERS
EL CAJON, CA 92020

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

236118 - Residential Remodelers

Loan Approval Date

6/16/2005

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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Financing Your Business

SBA Participating Banks in Mclean, Virginia

SBA Participating Banks in Virginia