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May 6, 2024  
 
 
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Clarksburg Bank Loan

 

 
Loan Census SBA Loan Info

Clarksburg, West Virginia Bank Gives SBA Loan to Retail Stores Company

A Clarksburg, West Virginia SBA loan can be yours. Learn how a business got a $87,500 business loan from this West Virginia bank.

This loan to an entrepreneur is a good example of an SBA loan. Comvest Export Finan Company I made the loan and the SBA guaranteed a portion of the loan. Many other North Carolina entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: RETAIL STORES
CHARLOTTE, NC 28273

SBA Loan Lender

COMVEST EXPORT FINAN COMPANY I
P. O. BOX 2025
CLARKSBURG, WV 26302

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

NAICS Code

335999 - Electrical Equipment and Component Manufacturing

Loan Approval Date

12/21/2000

Loan Approval Gross Amount

$87,500

Loan Approval from the SBA

Of the total $87,500 loan amount, the SBA guaranteed $78,750.

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 12 employees. The loan application did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Borrowing Money from Friends and Family

SBA Banks in Clarksburg, West Virginia

SBA Lenders in West Virginia