Resource Bank Provides SBA Loan to Buy Dr. Vinyl vinyl Uphol., Etc. Franchise
Borrowing money to purchase a Dr. Vinyl vinyl Uphol., Etc. franchise? Resource Bank has a history of making these loans and they are guaranteed by the SBA.
Dr. Vinyl vinyl Uphol., Etc. franchise loans are available to Virginia Beach, Virginia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Resource Bank, based in Virginia Beach, Virginia, issued an SBA franchise loan for a Dr. Vinyl vinyl Uphol., Etc. franchise in 2004. We've got all the details on this Virginia small business loan.
SBA Loan Borrower
HMW GROUP INC
VIRGINIA BEACH, VA 23464
SBA Loan Lender
RESOURCE BANK
4429 BONNEY RD, STE 300
VIRGINIA BEACH, VA 23462
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
811198 - Automotive Repair and Maintenance
Loan Approval Date
8/12/2004
Loan Approval Gross Amount
$62,000
Loan Approval from the SBA
Of the total $62,000 loan amount, the SBA guaranteed $52,700.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Dr. Vinyl vinyl Uphol., Etc. franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.
Next Steps for Getting an SBA Loan
If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Dr. Vinyl and Associates, Ltd.
Banking Deregulation's Effects on Entrepreneurship
Where to Get an SBA Loan in Virginia Beach, Virginia
Virginia SBA 7A Lenders