Loan Census Banking News and Information
May 8, 2024  
 
 
  Business Loan Information  
 

Annandale, Virginia Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Home Health Care Services Commercial Loans

With these commercial loans for home health care services, the SBA guarantees the lender that the loan will be repaid. This home health care services loan for $150,000 was given to a Virginia entrepreneur in 2001.

This business knew how to go about getting a business bank loan. Based in Annandale, Virginia, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Access National Bank, based in Reston, Virginia.

SBA Loan Borrower

COMPANY TYPE: HOME HEALTH CARE SERVICES
ANNANDALE, VA 22003

SBA Loan Lender

ACCESS NATIONAL BANK
1800 ROBERT FULTON DR, STE 31
RESTON, VA 20191

This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8082 - Home Health Care Services

NAICS Code

621610 - Home Health Care Services

Loan Approval Date

10/4/2001

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 145 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Annandale VA, you ought to talk with a local Annandale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Annandale businesses.

This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

The Art of Bootstrapping

Where to Get an SBA Loan in Reston, Virginia

SBA Lenders in Virginia