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November 15, 2024 |
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| Home > Small Business Lenders by State > West Virginia Business Loan Sources > Parkersburg, Business Loans > Community Bank Of Parkersburg Parkersburg Business Loans > Roofing, Siding, And Sheet Metal Contractors Loan | ||||
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How Do We Get a Business Loan in Ravenswood, West Virginia?
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Roofing, Siding, and Sheet Metal Contractors SBA LoansLooking for SBA loans for roofing, siding, and sheet metal contractors? The SBA may be the answer. This $36,000 roofing, siding, and sheet metal contractors loan was issued by a West Virginia bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ravenswood, West Virginia was able to borrow $36,000 from Community Bank Of Parkersburg. The SBA made the loan possible by guaranteeing $30,600 of this West Virginia small business loan. SBA Loan Borrower COMPANY TYPE: ROOFING, SIDING, AND SHEET METAL CONTRACTORS SBA Loan Lender COMMUNITY BANK OF PARKERSBURG This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235610 - Roofing, Siding, and Sheet Metal Contractors Loan Approval Date 3/8/2004 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 only one employee. This SBA loan request did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Community Bank Of Parkersburg 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: Realistic Debt Financing Options SBA 7A Banks in Parkersburg, West Virginia
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