Business Loan from Capital One Given to Residential Remodelers Company
An SBA loan from Capital One typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Mount Juliet, Tennessee business owner got a $35,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mount Juliet, Tennessee was able to borrow $35,000 from Capital One. The SBA made the loan possible by guaranteeing $17,500 of this Tennessee small business loan.
SBA Loan Borrower
COMPANY TYPE: RESIDENTIAL REMODELERS
MOUNT JULIET, TN 37122
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
236118 - Residential Remodelers
Loan Approval Date
4/15/2003
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are raising money in Mount Juliet TN, you ought to talk with a local Mount Juliet SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mount Juliet businesses.
We can help you find the best banks for small businesses in Mount Juliet or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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