 |
 |
November 22, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Virginia Business Loan Sources > Warrenton, Business Loans > Provident Bank Of Maryland Warrenton Business Loans > Excavation Work Loan | ||||
 |
||||
SBA Lenders in Virginia
|
||||
 |
SBA Loan from Provident Bank Of Maryland Helps Excavation Work CompanyAn SBA loan from Provident Bank Of Maryland typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Warrenton, Virginia business owner got a $126,500 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Warrenton, Virginia was able to borrow $126,500 from Provident Bank Of Maryland. The SBA made the loan possible by guaranteeing $94,875 of this Virginia small business loan. SBA Loan Borrower COMPANY TYPE: EXCAVATION WORK SBA Loan Lender PROVIDENT BANK OF MARYLAND As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1794 - Excavation Work NAICS Code 235930 - Excavation Contractors Loan Approval Date 5/5/2000 Loan Approval Gross Amount $126,500 Loan Approval from the SBA Of the total $126,500 loan amount, the SBA guaranteed $94,875. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the borrowed money would help generate 6 new jobs. Getting an SBA Loan For Your Business If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money This company got an SBA loan. You can too! Maybe you need seed money for 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: SBA Participating Banks in Warrenton, Virginia
|
|
||
|
||||
|
|
||||