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December 22, 2024 |
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| Home > Small Business Lenders by State > West Virginia Business Loan Sources > Towson, Business Loans > Manufacturers & Traders Trust Towson Business Loans > Recreational Vehicle Dealers Loan | ||||
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SBA 7A Banks for Small Businesses in West Virginia
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West Virginia Business Loan Issued to Recreational Vehicle Dealers CompanyLooking to get a West Virginia SBA loan? This West Virginia entrepreneur got an SBA loan, provided by a Maryland bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in Fort Ashby, West Virginia by studying this loan to a local business, made back in 2005. Banks like Manufacturers & Traders Trust may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: RECREATIONAL VEHICLE DEALERS SBA Loan Lender MANUFACTURERS & TRADERS TRUST This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441210 - Recreational Vehicle Dealers Loan Approval Date 5/5/2005 Loan Approval Gross Amount $81,900 Loan Approval from the SBA Of the total $81,900 loan amount, the SBA guaranteed $69,615. 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. The SBA loan documents did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Manufacturers & Traders Trust are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Borrowing Money from Friends and Family SBA 7A Lenders in Towson, Maryland Find an SBA Lender in Maryland
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