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April 16, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Washington, Business Loans > Natl Consumer Cooperative Washington Business Loans > Hardware Stores Loan | ||||
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Banks Doing SBA Loans in District of Columbia
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Washington, District of Columbia Bank Lends Money to Hardware Stores Company in Minden, LouisianaThinking about meeting with a Washington, District of Columbia bank about an SBA loan? Here's one Louisiana business loan, issued by a Washington bank, that was approved by the SBA. Applying for an SBA loan with Natl Consumer Cooperative worked out well for our friends at one local company in Minden, Louisiana. The business was able to get an SBA loan for $665,000. Sweet! SBA Loan Borrower COMPANY TYPE: HARDWARE STORES SBA Loan Lender NATL CONSUMER COOPERATIVE This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 444130 - Hardware Stores Loan Approval Date 1/7/2005 Loan Approval Gross Amount $665,000 Loan Approval from the SBA Of the total $665,000 loan amount, the SBA guaranteed $498,750. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. 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: Small Bank Loans in Washington, District of Columbia SBA Lenders in District of Columbia
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