Mclean, Virginia Bank Lends Money to Couriers And Express Delivery Services Company in Signal Hill, California
Thinking about meeting with a Mclean, Virginia bank about a business loan? Here's one California business loan, issued by a Mclean bank, that was approved by the SBA.
Applying for an SBA loan with Capital One worked out well for our friends at one local company in Signal Hill, California. They got an SBA loan for $50,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: COURIERS AND EXPRESS DELIVERY SERVICES
Signal Hill, CA 90755
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
492110 - Couriers and Express Delivery Services
Loan Approval Date
10/26/2004
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 12 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start business in Signal Hill CA, you ought to talk with a local Signal Hill SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Signal Hill businesses.
We can help you find the best banks for small businesses in Signal Hill 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.
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