Loan Census Banking News and Information
December 22, 2024  
 
 
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Fairfax Station (rr Name Fairf, Virginia Bank Loan

 

 
Loan Census SBA Loan Info

Fairfax Station (rr Name Fairf, VA Entrepreneur Gets SBA Loan to Buy Curtain Exchange Dallas the Franchise

Need a loan to invest in a Curtain Exchange Dallas the franchise? Resource Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Curtain Exchange Dallas the franchise? If so, here's a 2004 SBA franchise loan that you should know about. Resource Bank was the lender and the entrepreneur was based in Fairfax Station (rr Name Fairf, Virginia.

SBA Loan Borrower

THE CURTAIN EXCHANGE OF FAIRFA
FAIRFAX STATION (RR NAME FAIRF, VA 22030

SBA Loan Lender

RESOURCE BANK
4429 BONNEY RD, STE 300
VIRGINIA BEACH, VA 23462

The lender provided this 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

541410 - Interior Design Services

Loan Approval Date

1/20/2004

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 a new business. This loan was used to buy a Curtain Exchange Dallas the franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

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 7A Lenders in Virginia Beach, Virginia

Getting an SBA Loan in Virginia