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November 15, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Mclean, Business Loans > Cardinal Bank Mclean Business Loans > Office Administrative Services Loan | ||||
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Mclean Lenders
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Entrepreneur Works With Mclean, Virginia Bank to Get an SBA LoanFind Mclean, Virginia banks that specialize in business loans and know how to work with entrepreneurs. Cardinal Bank is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Reston, Virginia starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Cardinal Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: OFFICE ADMINISTRATIVE SERVICES SBA Loan Lender CARDINAL BANK This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561110 - Office Administrative Services Loan Approval Date 4/7/2004 Loan Approval Gross Amount $495,000 Loan Approval from the SBA Of the total $495,000 loan amount, the SBA guaranteed $371,250. 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 11 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! If you are working on finding money to start a business in Reston VA, you ought to talk with a local Reston SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Reston businesses. 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. Related Links: Obtaining Funding - Friends and Family SBA 7A Banks for Mclean, Virginia Loans
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