Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Advice for Small Businesses On Getting a Loan

 

 
Loan Census SBA Loan Info

Commercial Loans for Pesticide and Agricultural Chemical Manufacturing

Looking for commercial loans for pesticide and agricultural chemical manufacturing? Try the SBA. This $25,000 pesticide and agricultural chemical manufacturing loan was issued by a Virginia bank.

This small business knew how to go about getting a business bank loan. Based in Gayville, South Dakota, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Capital One, based in Mclean, Virginia.

SBA Loan Borrower

COMPANY TYPE: PESTICIDE AND AGRICULTURAL CHEMICAL MANUFACTURING
GAYVILLE, SD 57031

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

325320 - Pesticide and Agricultural Chemical Manufacturing

Loan Approval Date

10/26/2004

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 4 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This SBA loan was for $25,000. How would you spend $25,000 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:

Accountant's Role in Securing Financing

Banks in Mclean, Virginia

SBA Lenders in Virginia