Financing for Residential Remodelers

With these loans for residential remodelers, the SBA guarantees the lender that the loan will be repaid. This residential remodelers loan for $25,000 was given to a Virginia entrepreneur in 2005.

Getting a small business loan in Remington, Virginia was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from The Fauquier Bank, operating out of Warrenton, Virginia. Here are the details on this Virginia small business loan.

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL REMODELERS
REMINGTON, VA 22734

SBA Loan Lender

THE FAUQUIER BANK
10 COURTHOUSE SQ
WARRENTON, VA 20186

This lender processed this small 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

236118 - Residential Remodelers

Loan Approval Date

11/22/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

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.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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