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December 21, 2024  
 
 
  Business Loan Information  
 

SBA Lender Parkersburg, West Virginia

 

 
Loan Census SBA Loan Info

Parkersburg, West Virginia Lender Lends Money to Signs And Advertising Specialties Company

Get small business loans from a Parkersburg, West Virginia bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Williamstown Bank, Inc. is a Parkersburg, West Virginia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a West Virginia company.

SBA Loan Borrower

COMPANY TYPE: SIGNS AND ADVERTISING SPECIALTIES
PARKERSBURG, WV 26101

SBA Loan Lender

WILLIAMSTOWN BANK, INC.
3002 E 7TH ST
PARKERSBURG, WV 26101

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3993 - Signs and Advertising Specialties

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

9/5/2002

Loan Approval Gross Amount

$36,000

Loan Approval from the SBA

Of the total $36,000 loan amount, the SBA guaranteed $30,600.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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 Williamstown Bank, Inc. 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.

Related Links:

Borrowing Money from Friends and Family

Good Banks for Small Business in Parkersburg, West Virginia

Getting an SBA Loan in West Virginia