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May 10, 2024 |
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| Home > Small Business Lenders by State > West Virginia Business Loan Sources > Martinsburg, Business Loans > Bank Of Charles Town Martinsburg Business Loans > Child Day Care Services Loan | ||||
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West Virginia SBA Lenders
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Martinsburg, West Virginia Bank Lends Money to Child Day Care Services Company in Falling Waters, West VirginiaFind Martinsburg, West Virginia banks that specialize in business loans and know how to work with entrepreneurs. Bank Of Charles Town is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Falling Waters, West Virginia starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Bank Of Charles Town. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender BANK OF CHARLES TOWN This loan 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. NAICS Code 624410 - Child Day Care Services Loan Approval Date 5/29/2007 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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 14 employees. The SBA loan application for the borrower indicated that the loan would help retain 14 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, anyone can do it... so why not 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: Role of Business Plan When Raising Money Best Banks for Small Business in Martinsburg, West Virginia
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