Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Davis, West Virginia Small Businesses

 

 
Loan Census SBA Loan Info

Accounting Services Loans

Looking for loans for accounting services? An SBA loan may be just what you've been looking for. This $22,000 accounting services loan was issued by a West Virginia bank.

This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Grant County Bank, out of Davis, West Virginia. The loan was granted and they received $22,000 to help grow their Davis, West Virginia business.

SBA Loan Borrower

COMPANY TYPE: ACCOUNTING, AUDITING, AND BOOKKEEPING SERVICES
DAVIS, WV 26260

SBA Loan Lender

GRANT COUNTY BANK
WILLIAM AVE
DAVIS, WV 26266

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8721 - Accounting, Auditing, and Bookkeeping Services

NAICS Code

541219 - Accounting Services

Loan Approval Date

3/30/2000

Loan Approval Gross Amount

$22,000

Loan Approval from the SBA

Of the total $22,000 loan amount, the SBA guaranteed $17,600.

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 3 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in Davis or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Small Business Credit Cards

Where to Get an SBA Loan in Davis, West Virginia

SBA Participating Banks in West Virginia