 |
 |
December 22, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > District of Columbia Business Loan Sources > Washington, Business Loans > City 1st Bank - D.C. Washington Business Loans > Business And Secretarial Schools Loan | ||||
 |
||||
Getting a Small Business Loan from City 1st Bank - D.C.
|
||||
 |
SBA Loan from City 1st Bank - D.C. Helps Business And Secretarial Schools CompanyCity 1st Bank - D.C. has a track record as a leading provider of SBA loans. Find out how this District of Columbia entrepreneur received an SBA loan from them. This business knew how to go about getting a business bank loan. Based in Washington, District of Columbia, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was City 1st Bank - D.C., based in Washington, District of Columbia. SBA Loan Borrower COMPANY TYPE: BUSINESS AND SECRETARIAL SCHOOLS SBA Loan Lender CITY 1ST BANK - D.C. The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 611410 - Business and Secretarial Schools Loan Approval Date 12/21/2006 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $100,000. 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 22 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 22 existing jobs. Getting an SBA Loan For Your Business If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like City 1st Bank - D.C. are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Microlending as a Small Business Funding Source Best Washington, District of Columbia Banks for Small Business Browse All Business Loan Sources for District of Columbia
|
|
||
|
||||
|
|
||||