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November 14, 2024 |
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| Home > Small Business Lenders by State > District of Columbia Business Loan Sources > Miami, Business Loans > Citibank Miami Business Loans > Lawyers Loan | ||||
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Raising Money in Washington, District of Columbia With SBA Loans
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Lawyers Small Business LoansLooking for small business loans for lawyers? Try the SBA. This $35,000 lawyers loan was issued by a Florida bank. This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Citibank, out of Miami, Florida. The loan was granted and they received $35,000 to help grow their Washington, District of Columbia business. SBA Loan Borrower COMPANY TYPE: LAWYERS SBA Loan Lender CITIBANK The lender provided this commercial 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 541110 - Lawyers Loan Approval Date 1/26/2005 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs. Next Steps for Getting an SBA Loan If you are wondering how to raise money for a company in Washington DC, you ought to talk with a local Washington SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Washington businesses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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 7A Banks for Miami, Florida Loans
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