Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

West Virginia SBA Lenders

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Weirton, West Virginia Bank to Get an SBA Loan

Want to talk with a Weirton, West Virginia bank about an SBA loan? Here's one West Virginia business loan, issued by a Weirton bank, that was approved by the SBA.

Applying for an SBA loan with United Bank worked out well for our friends at one local company in Weirton, West Virginia. They received an SBA loan for $80,000. Nice!

SBA Loan Borrower

COMPANY TYPE: TIRES AND TUBES
WEIRTON, WV 26062

SBA Loan Lender

UNITED BANK
109 THREE SPRINGS DR
WEIRTON, WV 26062

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5014 - Tires and Tubes

NAICS Code

421320 -

Loan Approval Date

12/7/2005

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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:

Find Start-Up Capital

Banks in Weirton, West Virginia

Browse All Business Loan Sources for West Virginia