North Las Vegas, Nevada Entrepreneur Gets a Bank Loan
NevadaBusiness loans are available to Nevada business owners through the SBA. In this case, a Virginia bank provides the loan.
This business, based in North Las Vegas, Nevada, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Capital One. We've got the inside scoop on this Nevada small business loan.
SBA Loan Borrower
COMPANY TYPE: COSMETICS, BEAUTY SUPPLIES, AND PERFUME STORES
NORTH LAS VEGAS, NV 89030
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
446120 - Cosmetics, Beauty Supplies, and Perfume Stores
Loan Approval Date
12/5/2003
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to raise money for a business in North Las Vegas NV, you ought to talk with a local North Las Vegas SBA lender or talk with an out-of-area SBA lender that has previously loaned money to North Las Vegas businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Capital One and they will explain how you can get an SBA loan for your company.
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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