Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Glen Allen Bank Loan

 

 
Loan Census SBA Loan Info

Glen Allen, Virginia Bank Lends Money to Engineering Services Company in Philadelphia, Pennsylvania

Thinking about meeting with a Glen Allen, Virginia bank about an SBA loan? Here's one Pennsylvania business loan, issued by a Glen Allen bank, that was approved by the SBA.

Applying for an SBA loan with Capital One Bank (usa) worked out well for our friends at one local firm in Philadelphia, Pennsylvania. They got an SBA loan for $50,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
PHILADELPHIA, PA 19103

SBA Loan Lender

CAPITAL ONE BANK (USA)
4851 COX RD
GLEN ALLEN, VA 23060

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

541330 - Engineering Services

Loan Approval Date

10/23/2007

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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Alternative Financing

Banks in Glen Allen, Virginia

Virginia SBA Bank Lenders