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November 21, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Medicinal And Botanical Manufacturing Loan | ||||
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Capital One SBA Loans Ogden
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SBA Loan from Capital One Helps Medicinal And Botanical Manufacturing CompanyCapital One and the SBA work together to get business loans for growing small businesses. Here's an example of how an Utah entrepreneur was able to get a loan to take a small business to the next level. This business knew how to go about getting a business bank loan. Based in Ogden, Utah, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Capital One, based in Mclean, Virginia. SBA Loan Borrower COMPANY TYPE: MEDICINAL AND BOTANICAL MANUFACTURING SBA Loan Lender CAPITAL ONE 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 325411 - Medicinal and Botanical Manufacturing Loan Approval Date 9/7/2007 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. This loan was not for a franchise. At the time of the loan, the company had 15 employees. The SBA loan documents indicated that the loan would help retain 15 existing jobs. Next Steps for Getting an SBA Loan If you have been wondering how do i get money to start a business in Ogden UT, you ought to talk with a local Ogden SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ogden businesses. This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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:
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