Getting an SBA Loan for Local Messengers and Local Delivery
Looking for commercial loans for local messengers and local delivery? Talk to a banker who works with the SBA. This $210,000 local messengers and local delivery loan was issued by a Virginia bank.
This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Provident Bank Of Maryland, out of Warrenton, Virginia. The loan was granted and they received $210,000 to help grow their Vienna, Virginia business.
SBA Loan Borrower
COMPANY TYPE: COURIER SERVICES
VIENNA, VA 22180
SBA Loan Lender
PROVIDENT BANK OF MARYLAND
37 E MAIN ST
WARRENTON, VA 20186
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
4215 - Courier Services
NAICS Code
492210 - Local Messengers and Local Delivery
Loan Approval Date
10/18/2000
Loan Approval Gross Amount
$210,000
Loan Approval from the SBA
Of the total $210,000 loan amount, the SBA guaranteed $157,500.
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 5 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $210,000 loan. Remember, you control your own destiny.
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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