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November 14, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Midlothian, Business Loans > Citizens & Farmers Bank Midlothian Business Loans > Foot Solutions Loan | ||||
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SBA Franchise Financing Lender Midlothian Virginia
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Borrow Money to Buy a Foot Solutions FranchiseNeed money to purchase a Foot Solutions franchise? Citizens & Farmers Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Midlothian, Virginia needed money to invest in a Foot Solutions franchise back in 2004. Citizens & Farmers Bank issued an SBA franchise loan. Here are the details on this Virginia small business loan. SBA Loan Borrower FOOT SOLUTIONS SBA Loan Lender CITIZENS & FARMERS BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 448210 - Shoe Stores Loan Approval Date 3/11/2004 Loan Approval Gross Amount $130,000 Loan Approval from the SBA Of the total $130,000 loan amount, the SBA guaranteed $110,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Foot Solutions franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the company planned to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! 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. Related Links: Who Lends Money to Small Businesses in Midlothian, Virginia Find an SBA Lender in Virginia
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