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May 10, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Search, Detection, Navigation, Guidance, Aeronautical, And Nautical System Loan | ||||
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Raising Money in Quakertown, Pennsylvania With SBA Loans
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Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System LoansLooking for loans for search, detection, navigation, guidance, aeronautical, and nautical system? An SBA loan may be just what you've been looking for. This $75,000 search, detection, navigation, guidance, aeronautical, and nautical system loan was issued by a Virginia bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Quakertown, Pennsylvania was able to borrow $75,000 from Capital One. The SBA made the loan possible by guaranteeing $37,500 of this Pennsylvania small business loan. SBA Loan Borrower COMPANY TYPE: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL, AND NAUTICAL SYSTEM SBA Loan Lender CAPITAL ONE This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 334511 - Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System Loan Approval Date 6/16/2006 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. 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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! If you are raising money in Quakertown PA, you ought to talk with a local Quakertown SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Quakertown businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $75,000 loan. Remember, feel the fear, and do it anyway. 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 Who Lends Money to Small Businesses in Mclean, Virginia
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