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December 22, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Flemington, Business Loans > Commerce Bank Flemington Business Loans > Durable Goods Merchant Wholesalers Loan | ||||
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Small Business Banks for Weyers Cave, Virginia Business Owners
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Business Loans for Durable Goods Merchant WholesalersWith these business loans for durable goods merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This durable goods merchant wholesalers loan for $137,000 was given to a Virginia entrepreneur in 2005. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Weyers Cave, Virginia was able to borrow $137,000 from Commerce Bank. The SBA made the loan possible by guaranteeing $116,450 of this Virginia small business loan. SBA Loan Borrower COMPANY TYPE: DURABLE GOODS MERCHANT WHOLESALERS SBA Loan Lender COMMERCE BANK This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 423990 - Durable Goods Merchant Wholesalers Loan Approval Date 8/10/2005 Loan Approval Gross Amount $137,000 Loan Approval from the SBA Of the total $137,000 loan amount, the SBA guaranteed $116,450. 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 only one employee. The loan application indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Weyers Cave or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Raising VC Money for Social Networking Companies Who Lends Money to Small Businesses in Flemington, New Jersey Browse All Business Loan Sources for New Jersey
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