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May 19, 2024 |
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| Home > Small Business Lenders by State > West Virginia Business Loan Sources > Walton, Business Loans > The Poca Valley Bank, Inc. Walton Business Loans > Refuse Systems Loan | ||||
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West Virginia Bank SBA Loans
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The Poca Valley Bank, Inc. SBA Loan to Refuse Systems CompanyLooking to get a West Virginia SBA loan? Here's one West Virginia business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Swiss, West Virginia was able to borrow $150,000 from The Poca Valley Bank, Inc.. The SBA made the loan possible by guaranteeing $112,500 of this West Virginia small business loan. SBA Loan Borrower COMPANY TYPE: REFUSE SYSTEMS SBA Loan Lender THE POCA VALLEY BANK, INC. SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4953 - Refuse Systems Loan Approval Date 9/15/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $112,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 22 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in Swiss or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 Best Walton, West Virginia Banks for Small Business Browse All Business Loan Sources for West Virginia
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