Loan Census Banking News and Information
November 14, 2024  
 
 
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Washington, District of Columbia SBA Banks

 

 
Loan Census SBA Loan Info

Washington, District of Columbia Bank Gives SBA Loan to Business Consulting Services Company

Get small business loans from a Washington, District of Columbia bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Loans From Old Closed Lenders is a Washington, District of Columbia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.

SBA Loan Borrower

COMPANY TYPE: BUSINESS CONSULTING SERVICES
LAGUNA HILLS (LEISURE WORLD), CA 92653

SBA Loan Lender

LOANS FROM OLD CLOSED LENDERS
409 3RD STREET S.W., SUITE 83
WASHINGTON, DC 20416

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.

SIC Code

8748 - Business Consulting Services

Loan Approval Date

1/31/2000

Loan Approval Gross Amount

$607,000

Loan Approval from the SBA

Of the total $607,000 loan amount, the SBA guaranteed $455,250.

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 18 employees. This SBA loan request indicated that the loan would help generate 18 new jobs and retain 18 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

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 $607,000 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:

Equity Financing

SBA Banks in Washington, District of Columbia

District of Columbia SBA 7A Lenders