Mclean, Virginia Bank Gives SBA Loan to Direct Title Insurance Carriers Company

Thinking about meeting with a Mclean, Virginia bank about a small business loan? Here's one Pennsylvania 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 Huntingdon Valley, Pennsylvania. The business was able to get an SBA loan for $75,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: DIRECT TITLE INSURANCE CARRIERS
HUNTINGDON VALLEY, PA 19006

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This lender processed this 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

524127 - Direct Title Insurance Carriers

Loan Approval Date

4/17/2007

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

Next Steps for Getting an SBA Loan

If you want money for new small business in Huntingdon Valley PA, you ought to talk with a local Huntingdon Valley SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Huntingdon Valley businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Capital One that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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