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November 24, 2024 |
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| Home > Small Business Lenders by State > Alaska Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Tile And Terrazzo Contractors Loan | ||||
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Virginia SBA 7A Lenders
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Mclean, Virginia Bank Lends Money to Tile And Terrazzo Contractors Company in Fairbanks, AlaskaWant to talk with a Mclean, Virginia bank about a business loan? Here's one Alaska business loan, issued by a Mclean bank, that was approved by the SBA. Applying for an SBA loan with Capital One worked out well for our friends at one local business in Fairbanks, Alaska. They received an SBA loan for $75,000. Awesome! SBA Loan Borrower COMPANY TYPE: TILE AND TERRAZZO CONTRACTORS SBA Loan Lender CAPITAL ONE The lender provided this SBA bank 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 238340 - Tile and Terrazzo Contractors Loan Approval Date 12/14/2004 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you want money for new small business in Fairbanks AK, you ought to talk with a local Fairbanks SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fairbanks 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 $75,000 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: Role of Business Plan When Raising Money SBA 7A Lenders in Mclean, Virginia
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