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November 24, 2024  
 
 
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Get an SBA Loan in King George, Virginia

 

 
Loan Census SBA Loan Info

Local Business Gets a Virginia Small Business Loan

Would a Virginia business loan help your company expand? If so, you may want to talk with this Connecticut bank, which offers SBA loans to Virginia entrepreneurs.

Getting a small business loan in King George, Virginia was a top priority for this SBA-financed company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Business Lenders, LLC. Here are the details on this Virginia small business loan.

SBA Loan Borrower

COMPANY TYPE: HOTELS AND MOTELS
KING GEORGE, VA 22485

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

721110 - Hotels and Motels

Loan Approval Date

7/26/2001

Loan Approval Gross Amount

$925,000

Loan Approval from the SBA

Of the total $925,000 loan amount, the SBA guaranteed $693,750.

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. The SBA loan documents indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

We've showcased information on this loan to let you know that businesses like yours 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.

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