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May 4, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Mclean, Business Loans > Chevy Chase Bank, F.S.B. Mclean Business Loans > Roderty Pan Am Inc Loan | ||||
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Good Sources for Fairfax Station (rr Name Fairf SBA Loans
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Borrow Money to Buy a The UPS Store FranchiseNeed a loan to invest in a UPS Store franchise? Chevy Chase Bank, F.S.B. has a history of making these loans and they are guaranteed by the SBA. The UPS Store franchise loans are available to Fairfax Station (rr Name Fairf, Virginia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Chevy Chase Bank, F.S.B., based in Mclean, Virginia, issued an SBA franchise loan for a The UPS Store franchise in 2006. We've got all the details on this Virginia small business loan. SBA Loan Borrower RODERTY PAN AM INC SBA Loan Lender CHEVY CHASE BANK, F.S.B. This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 561431 - Private Mail Centers Loan Approval Date 4/27/2006 Loan Approval Gross Amount $280,000 Loan Approval from the SBA Of the total $280,000 loan amount, the SBA guaranteed $140,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a The UPS Store franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Chevy Chase Bank, F.S.B. had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Chevy Chase Bank, F.S.B. made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Best Mclean, Virginia Banks for Small Business
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