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May 17, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Commercial And Industrial Electric Lighting Fixture Manufacturing Loan | ||||
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Saint Paul, Minnesota Bank Loan
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Commercial and Industrial Electric Lighting Fixture Manufacturing LoansLooking for loans for commercial and industrial electric lighting fixture manufacturing? Talk to a banker who works with the SBA. This $75,000 commercial and industrial electric lighting fixture manufacturing loan was issued by a Virginia bank. This small firm knew how to go about getting a business bank loan. Based in Saint Paul, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Capital One, based in Mclean, Virginia. SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND INDUSTRIAL ELECTRIC LIGHTING FIXTURE MANUFACTURING SBA Loan Lender CAPITAL ONE This lender processed this SBA business 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 335122 - Commercial and Industrial Electric Lighting Fixture Manufacturing Loan Approval Date 9/20/2006 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. 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 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! If you need business start up money in Saint Paul MN, you ought to talk with a local Saint Paul SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Saint Paul businesses. This SBA loan was for $75,000. How would you spend $75,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: How Much Venture Capital Is There? SBA 7A Banks for Mclean, Virginia Loans
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