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November 14, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Glen Allen, Business Loans > Capital One Bank (usa) Glen Allen Business Loans > Manufactured Home Dealers Loan | ||||
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Capital One Bank (usa)
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Business Loan from Capital One Bank (usa) Given to Manufactured Home Dealers CompanyAn SBA loan from Capital One Bank (usa) typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Ephrata, Pennsylvania business owner got a $50,000 loan. This business knew how to go about getting a business bank loan. Based in Ephrata, Pennsylvania, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Capital One Bank (usa), based in Glen Allen, Virginia. SBA Loan Borrower COMPANY TYPE: MANUFACTURED HOME DEALERS SBA Loan Lender CAPITAL ONE BANK (USA) The lender provided this commercial 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 453930 - Manufactured Home Dealers Loan Approval Date 8/2/2007 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Capital One Bank (usa) and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Find an SBA Lender in Glen Allen, Virginia
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