Business Loan from Capital One Given to Florists Company
Capital One has a track record as a leading provider of SBA loans. Find out how this Ohio entrepreneur received an SBA loan from them.
This growing company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Capital One, out of Mclean, Virginia. The loan was granted and they received $25,000 to help grow their Elmore, Ohio business.
SBA Loan Borrower
COMPANY TYPE: FLORISTS
ELMORE, OH 43416
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
453110 - Florists
Loan Approval Date
12/5/2006
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a company in Elmore OH, you ought to talk with a local Elmore SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Elmore businesses.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Capital One 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.
Related Links:
Startup Funding Tip
SBA 7A Banks for Mclean, Virginia Loans
SBA Virginia Banks