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May 2, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Richmond, Business Loans > Peoples Bank Of Virginia Richmond Business Loans > Tax Preparation Services Loan | ||||
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Tips for Entrepreneurs On Getting a Loan
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Bank Loans for Tax Preparation ServicesLooking for bank loans for tax preparation services? Try the SBA. This $50,000 tax preparation services loan was issued by a Virginia bank. This small firm knew how to go about getting a business bank loan. Based in Glen Allen, Virginia, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Peoples Bank Of Virginia, based in Richmond, Virginia. SBA Loan Borrower COMPANY TYPE: TAX PREPARATION SERVICES SBA Loan Lender PEOPLES BANK OF VIRGINIA This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 541213 - Tax Preparation Services Loan Approval Date 6/29/2005 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 5 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 5 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. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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: SBA Banks in Richmond, Virginia Getting an SBA Loan in Virginia
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