Mclean, Virginia Bank Gives SBA Loan to Beauty Salons Company
Thinking about meeting with a Mclean, Virginia bank about a business loan? Here's one Virginia business loan, issued by a Mclean bank, that was approved by the SBA.
Applying for an SBA loan with Capital One worked out well for our friends at one local business in Orange, Virginia. They got an SBA loan for $35,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: BEAUTY SALONS
ORANGE, VA 22960
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
812112 - Beauty Salons
Loan Approval Date
10/6/2004
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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 11 employees. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
If you have been wondering how do i get money to start a business in Orange VA, you ought to talk with a local Orange SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Orange businesses.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Capital One so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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