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November 14, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Buena Park, Business Loans > Uniti Bank Buena Park Business Loans > Drycleaning And Laundry Services Loan | ||||
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Virginia Small Business Funding
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Bank Loans for Drycleaning and Laundry ServicesLooking for bank loans for drycleaning and laundry services? Try the SBA. This $742,000 drycleaning and laundry services loan was issued by a California bank. This small firm knew how to go about getting a business bank loan. Based in Fredericksburg, Virginia, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Uniti Bank, based in Buena Park, California. SBA Loan Borrower COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES SBA Loan Lender UNITI BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812320 - Drycleaning and Laundry Services Loan Approval Date 6/27/2007 Loan Approval Gross Amount $742,000 Loan Approval from the SBA Of the total $742,000 loan amount, the SBA guaranteed $556,500. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a 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 4 new jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. 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: Where to Get an SBA Loan in Buena Park, California
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