 |
 |
December 22, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Janitorial Services Loan | ||||
 |
||||
Business Loans from Capital One
|
||||
 |
Capital One SBA Loan to Janitorial Services CompanyCapital One and the SBA work together to get business loans for growing small businesses. Here's an example of how a North Carolina entrepreneur was able to get a loan to take a small business to the next level. This growing company knew how to go about getting a business bank loan. Based in Raleigh, North Carolina, 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: JANITORIAL SERVICES SBA Loan Lender CAPITAL ONE The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 561720 - Janitorial Services Loan Approval Date 6/4/2007 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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 7 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in Raleigh or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: The Friends and Family Network Best Banks for Small Business in Mclean, Virginia Where to Get an SBA Loan Virginia
|
|
||
|
||||
|
|
||||