Loan Census Banking News and Information
May 16, 2024  
 
 
  Business Loan Information  
 

Good Banks for Lorton Small Businesses

 

 
Loan Census SBA Loan Info

Tile, Marble, Terrazzo, and Mosaic Contractors Business Loans

With these business loans for tile, marble, terrazzo, and mosaic contractors, the SBA guarantees the lender that the loan will be repaid. This tile, marble, terrazzo, and mosaic contractors loan for $450,000 was given to a Virginia entrepreneur in 2000.

Getting a small business loan in Lorton, Virginia was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Provident Bank Of Maryland, operating out of Warrenton, Virginia. Here are the details on this Virginia small business loan.

SBA Loan Borrower

COMPANY TYPE: TERRAZZO, TILE, MARBLE, AND MOSAIC WORK
LORTON, VA 22079

SBA Loan Lender

PROVIDENT BANK OF MARYLAND
37 E MAIN ST
WARRENTON, VA 20186

This SBA business loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1743 - Terrazzo, Tile, Marble, and Mosaic Work

NAICS Code

235430 - Tile, Marble, Terrazzo, and Mosaic Contractors

Loan Approval Date

3/3/2000

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

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 23 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you want money for new small business in Lorton VA, you ought to talk with a local Lorton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lorton 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:

504 Loans

Best Banks in Warrenton, Virginia

SBA Virginia Banks