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May 2, 2024 |
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| Home > Small Business Lenders by State > Delaware Business Loan Sources > Clarksburg, Business Loans > Comvest Export Finan Company I Clarksburg Business Loans > Warm Air Heating And Air Conditioning Equipment Loan | ||||
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Small Business Banks for Wilmington Businesses
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Growing Company Gets a Delaware SBA LoanBank loans in Delaware are hard to find these days. We take a look at one Delaware bank loan, provided by a West Virginia bank, that was approved by the SBA. By giving the right information to Comvest Export Finan Company I, this Wilmington, Delaware business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: WARM AIR HEATING AND AIR CONDITIONING EQUIPMENT SBA Loan Lender COMVEST EXPORT FINAN COMPANY I SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5075 - Warm Air Heating and Air Conditioning Equipment NAICS Code 421730 - Warm Air Heating and Air-Conditioning Equipment and Suppplies Wholesalers Loan Approval Date 9/29/2000 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $67,500. 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 2 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: SBA Approved Banks in Clarksburg, West Virginia
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