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May 17, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Warrenton, Business Loans > Provident Bank Of Maryland Warrenton Business Loans > Full-Service Restaurants Loan | ||||
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Business Loans for Charlottesville Small Business Owners
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Raising Money for Full-Service RestaurantsLooking for bank loans for full-service restaurants? Try the SBA. This $201,600 full-service restaurants loan was issued by a Virginia bank. This small firm knew how to go about getting a business bank loan. Based in Charlottesville, Virginia, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Provident Bank Of Maryland, based in Warrenton, Virginia. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender PROVIDENT BANK OF MARYLAND This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 10/25/2000 Loan Approval Gross Amount $201,600 Loan Approval from the SBA Of the total $201,600 loan amount, the SBA guaranteed $151,200. More Information on This SBA Loan The borrower borrowed this money for a new 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 2 employees. The SBA loan documents indicated that the funding would help generate 15 new jobs. Getting an SBA Loan For Your Business If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source This SBA loan was for $201,600. How would you spend $201,600 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: Find an SBA Lender in Warrenton, Virginia Getting an SBA Loan in Virginia
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