Mclean, Virginia Bank Lends Money to Warehouse Clubs And Superstores Company in Oak Ridge, North Carolina
Find Mclean, Virginia banks that specialize in small business loans and know how to work with entrepreneurs. Capital One is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Oak Ridge, North Carolina starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Capital One. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: WAREHOUSE CLUBS AND SUPERSTORES
OAK RIDGE, NC 27310
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
This bank 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
452910 - Warehouse Clubs and Superstores
Loan Approval Date
4/11/2007
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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Advice on Getting a Small Business Loan
SBA Approved Banks in Mclean, Virginia
Virginia SBA 7A Lenders