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May 14, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Vienna, Business Loans > Community Bank - Northern Virgin Vienna Business Loans > Refuse Systems Loan | ||||
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Raising Money in Gainesville, Virginia With SBA Loans
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Virginia SBA Loan Issued to Refuse Systems CompanyVirginiaSmall business loans are available to Virginia small business owners through the SBA. In this case, a Virginia bank provides the loan. You can learn something about getting a small business loan in Gainesville, Virginia by studying this loan to a local company, made back in 2000. Banks like Community Bank - Northern Virgin may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: REFUSE SYSTEMS SBA Loan Lender COMMUNITY BANK - NORTHERN VIRGIN This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4953 - Refuse Systems Loan Approval Date 7/10/2000 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $60,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are working on finding money to start a business in Gainesville VA, you ought to talk with a local Gainesville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gainesville businesses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Community Bank - Northern Virgin and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Realistic Debt Financing Options Getting a Business Loan in Virginia
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