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May 2, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Warrenton, Business Loans > Provident Bank Of Maryland Warrenton Business Loans > Water, Sewer, And Pipeline Construction Loan | ||||
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What Does It Take to Get a Business Loan in Richmond, Virginia?
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SBA Loans for Water, Sewer, and Pipeline ConstructionLooking for SBA loans for water, sewer, and pipeline construction? The SBA may be the answer. This $1,250,000 water, sewer, and pipeline construction loan was issued by a Virginia bank. This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Provident Bank Of Maryland, out of Warrenton, Virginia. The loan was granted and they received $1,250,000 to help grow their Richmond, Virginia business. SBA Loan Borrower COMPANY TYPE: WATER, SEWER, AND PIPELINE CONSTRUCTION SBA Loan Lender PROVIDENT BANK OF MARYLAND As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 234910 - Water, Sewer, and Pipeline Construction Loan Approval Date 4/8/2002 Loan Approval Gross Amount $1,250,000 Loan Approval from the SBA Of the total $1,250,000 loan amount, the SBA guaranteed $625,000. 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 158 employees. The SBA loan documents indicated that the loan would help retain 158 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: SBA Banks in Warrenton, Virginia
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