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April 18, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > Investment Advice Loan | ||||
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Business Loans for Falls Church Small Business Owners
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Business Loans for Investment AdviceWith these business loans for investment advice, the SBA guarantees the lender that the loan will be repaid. This investment advice loan for $980,000 was given to a Virginia entrepreneur in 2007. This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Business Lenders, LLC, out of Hartford, Connecticut. The loan was granted and they received $980,000 to help grow their Falls Church, Virginia business. SBA Loan Borrower COMPANY TYPE: INVESTMENT ADVICE SBA Loan Lender BUSINESS LENDERS, LLC This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 523930 - Investment Advice Loan Approval Date 6/25/2007 Loan Approval Gross Amount $980,000 Loan Approval from the SBA Of the total $980,000 loan amount, the SBA guaranteed $735,000. 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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Business Lenders, LLC and they will explain how you can get an SBA loan for your company. 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: Advice on Getting a Small Business Loan Best Banks in Hartford, Connecticut
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