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November 15, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Fredericksburg, Business Loans > Second Bank & Trust Fredericksburg Business Loans > Fine Arts Schools Loan | ||||
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Business Loans for Fredericksburg Small Business Owners
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Fine Arts Schools Business LoansLooking for business loans for fine arts schools? The SBA may be the answer. This $100,000 fine arts schools loan was issued by a Virginia bank. Getting a small business loan in Fredericksburg, Virginia was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Second Bank & Trust, operating out of Fredericksburg, Virginia. Here are the details on this Virginia small business loan. SBA Loan Borrower COMPANY TYPE: FINE ARTS SCHOOLS SBA Loan Lender SECOND BANK & TRUST This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 611610 - Fine Arts Schools Loan Approval Date 8/15/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding. This SBA loan was for $100,000. How would you spend $100,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Dealing With Venture Capitalists Best Banks in Fredericksburg, Virginia Getting an SBA Loan in Virginia
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