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May 8, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Reston, Business Loans > Access National Bank Reston Business Loans > Local And Suburban Transit Loan | ||||
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Reston, Virginia SBA Banks
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Reston, Virginia Bank Lends Money to Local And Suburban Transit Company in Sterling, VirginiaThinking about meeting with a Reston, Virginia bank about an SBA loan? Here's one Virginia business loan, issued by a Reston bank, that was approved by the SBA. Applying for an SBA loan with Access National Bank worked out well for our friends at one local company in Sterling, Virginia. The business was able to get an SBA loan for $150,000. Awesome! SBA Loan Borrower COMPANY TYPE: LOCAL AND SUBURBAN TRANSIT SBA Loan Lender ACCESS NATIONAL BANK This SBA small business loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4111 - Local and Suburban Transit NAICS Code 485320 - Limousine Service Loan Approval Date 11/5/2002 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 155 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. 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. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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? Small Bank Loans in Reston, Virginia
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