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November 21, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Clinton, Business Loans > Unity Bank Clinton Business Loans > Grocery Stores Loan | ||||
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SBA 7A Banks That Lend to Virginia Business Owners
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Unity Bank Gives Bank Loan to Grocery Stores CompanyVirginiaSmall business loans are available to Virginia small business owners through the SBA. In this case, a New Jersey bank provides the loan. You can learn something about getting a small business loan in Richmond, Virginia by studying this loan to a local company, made back in 2002. Banks like Unity Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: GROCERY STORES SBA Loan Lender UNITY BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5411 - Grocery Stores NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 10/2/2002 Loan Approval Gross Amount $820,500 Loan Approval from the SBA Of the total $820,500 loan amount, the SBA guaranteed $615,375. 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 3 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $820,500. How would you spend $820,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Find an SBA Lender in Clinton, New Jersey
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