Get an SBA Loan for Tour Operators

Looking for bank loans for tour operators? Try the SBA. This $88,000 tour operators loan was issued by a West Virginia bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Rock Branch Commun Bank Inc., out of Nitro, West Virginia. The loan was granted and they received $88,000 to help grow their Cross Lanes, West Virginia business.

SBA Loan Borrower

COMPANY TYPE: TOUR OPERATORS
CROSS LANES, WV 25313

SBA Loan Lender

ROCK BRANCH COMMUN BANK INC.
4650 FIRST AVE
NITRO, WV 25143

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561520 - Tour Operators

Loan Approval Date

1/31/2007

Loan Approval Gross Amount

$88,000

Loan Approval from the SBA

Of the total $88,000 loan amount, the SBA guaranteed $74,800.

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 8 employees. The loan application did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Rock Branch Commun Bank Inc. that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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Getting an SBA Loan in West Virginia