Entrepreneur Works With Jefferson, Louisiana Bank to Get an SBA Loan

Thinking about meeting with a Jefferson, Louisiana bank about a business loan? Here's one Louisiana business loan, issued by a Jefferson bank, that was approved by the SBA.

Applying for an SBA loan with Capital One worked out well for our friends at one local firm in Franklinton, Louisiana. They received an SBA loan for $332,500. Great job!

SBA Loan Borrower

COMPANY TYPE: CAR WASHES
FRANKLINTON, LA 70438

SBA Loan Lender

CAPITAL ONE
1201 S CLEARVIEW PKWY, 1 EAST
JEFFERSON, LA 70121

This SBA loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending background and are well trained in SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811192 - Car Washes

Loan Approval Date

4/27/2005

Loan Approval Gross Amount

$332,500

Loan Approval from the SBA

Of the total $332,500 loan amount, the SBA guaranteed $249,375.

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 only one employee. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need business start up money in Franklinton LA, you ought to talk with a local Franklinton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Franklinton businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $332,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Advice on Getting a Small Business Loan

SBA Approved Banks in Jefferson, Louisiana

SBA Louisiana Lenders