Business Loans for Pharmacies and Drug Stores

Looking for business loans for pharmacies and drug stores? The SBA may be the answer. This $175,000 pharmacies and drug stores loan was issued by a Virginia bank.

Getting a small business loan in Kilmarnock, Virginia was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Evb, operating out of Heathsville, Virginia. Here are the details on this Virginia small business loan.

SBA Loan Borrower

COMPANY TYPE: PHARMACIES AND DRUG STORES
KILMARNOCK, VA 22480

SBA Loan Lender

EVB
6958 NORTHUMBERLAND HWY
HEATHSVILLE, VA 22473

This lender processed this SBA 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

446110 - Pharmacies and Drug Stores

Loan Approval Date

1/10/2006

Loan Approval Gross Amount

$175,000

Loan Approval from the SBA

Of the total $175,000 loan amount, the SBA guaranteed $87,500.

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 only one employee. The loan application indicated that the borrowed money would help generate 5 new jobs.

Getting an SBA Loan For Your Business

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

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Financing Your Business

Best Banks for Small Business in Heathsville, Virginia

SBA Participating Banks in Virginia