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May 15, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Hampton, Business Loans > Old Point National Bank - Phoebus Hampton Business Loans > Business Services Loan | ||||
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Hampton, Virginia SBA Lenders
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Hampton, Virginia Bank Gives SBA Loan to Business Services CompanyGet SBA loans from a Hampton, Virginia bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Old Point National Bank - Phoebus is a Hampton, Virginia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Virginia company. SBA Loan Borrower COMPANY TYPE: BUSINESS SERVICES SBA Loan Lender OLD POINT NATIONAL BANK - PHOEBUS SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7389 - Business Services Loan Approval Date 6/16/2000 Loan Approval Gross Amount $115,000 Loan Approval from the SBA Of the total $115,000 loan amount, the SBA guaranteed $86,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Good Banks for Small Business in Hampton, Virginia
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