The Fauquier Bank SBA Loan to Facilities Support Services Company
An SBA loan from The Fauquier Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Warrenton, Virginia business owner got a $100,000 loan.
This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with The Fauquier Bank, out of Warrenton, Virginia. The loan was granted and they received $100,000 to help grow their Warrenton, Virginia business.
SBA Loan Borrower
COMPANY TYPE: FACILITIES SUPPORT SERVICES
WARRENTON, VA 20187
SBA Loan Lender
THE FAUQUIER BANK
10 COURTHOUSE SQ
WARRENTON, VA 20186
This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
561210 - Facilities Support Services
Loan Approval Date
6/19/2006
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 14 employees. This SBA loan request indicated that the loan would help retain 14 existing jobs.
Next Steps for Getting an SBA Loan
If you are raising money in Warrenton VA, you ought to talk with a local Warrenton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Warrenton 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 The Fauquier Bank 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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