Home Furnishings Stores SBA Loans

Looking for SBA loans for home furnishings stores? An SBA loan may be just what you've been looking for. This $177,600 home furnishings stores loan was issued by a Virginia bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Timberville, Virginia was able to borrow $177,600 from Union Bank And Trust Company. The SBA made the loan possible by guaranteeing $88,800 of this Virginia small business loan.

SBA Loan Borrower

COMPANY TYPE: HOME FURNISHINGS STORES
TIMBERVILLE, VA 22853

SBA Loan Lender

UNION BANK AND TRUST COMPANY
1658 STATE FARM BLVD
CHARLOTTESVILLE, VA 22911

This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

442299 - Home Furnishings Stores

Loan Approval Date

4/21/2004

Loan Approval Gross Amount

$177,600

Loan Approval from the SBA

Of the total $177,600 loan amount, the SBA guaranteed $88,800.

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 3 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Timberville VA, you ought to talk with a local Timberville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Timberville businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Union Bank And Trust Company and they will explain how you can get an SBA loan for your company.

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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