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May 2, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Glen Allen, Business Loans > Capital One Bank (usa) Glen Allen Business Loans > Nonresidential Property Managers Loan | ||||
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Nonresidential Property Managers SBA LoansWith these SBA loans for nonresidential property managers, the SBA guarantees the lender that the loan will be repaid. This nonresidential property managers loan for $50,000 was given to a California entrepreneur in 2008. This business knew how to go about getting a business bank loan. Based in Rancho Cucamonga, California, they applied for and were awarded an SBA-guaranteed loan in 2008. The lending bank was Capital One Bank (usa), based in Glen Allen, Virginia. SBA Loan Borrower COMPANY TYPE: NONRESIDENTIAL PROPERTY MANAGERS SBA Loan Lender CAPITAL ONE BANK (USA) The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 531312 - Nonresidential Property Managers Loan Approval Date 1/8/2008 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 22 employees. The SBA loan documents indicated that the loan would help retain 22 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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:
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