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May 15, 2024 |
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| Home > Small Business Lenders by State > West Virginia Business Loan Sources > New Martinsville, Business Loans > Wesbanco Bank, Inc. New Martinsville Business Loans > Auto And Home Supply Stores Loan | ||||
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West Virginia SBA Loan from Wesbanco Bank, Inc.
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SBA Loan from Wesbanco Bank, Inc. Helps Auto And Home Supply Stores CompanyWesbanco Bank, Inc. has a track record as a leading provider of SBA loans. Find out how this West Virginia entrepreneur received an SBA loan from them. This small firm knew how to go about getting a business bank loan. Based in Ellenboro, West Virginia, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Wesbanco Bank, Inc., based in New Martinsville, West Virginia. SBA Loan Borrower COMPANY TYPE: AUTO AND HOME SUPPLY STORES SBA Loan Lender WESBANCO BANK, INC. This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5531 - Auto and Home Supply Stores NAICS Code 441320 - Tire Dealers Loan Approval Date 9/29/2003 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! 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: Determining Proper Capital Structure for a Business Small Business Banks in New Martinsville, West Virginia Getting a Business Loan in West Virginia
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