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April 20, 2024  
 
 
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Raising Money in Virginia Beach, Virginia With SBA Loans

 

 
Loan Census SBA Loan Info

Resource Bank Provides SBA Loan to Buy Dr. Vinyl vinyl Uphol., Etc. Franchise

Borrowing money to purchase a Dr. Vinyl vinyl Uphol., Etc. franchise? Resource Bank has a history of making these loans and they are guaranteed by the SBA.

Dr. Vinyl vinyl Uphol., Etc. franchise loans are available to Virginia Beach, Virginia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Resource Bank, based in Virginia Beach, Virginia, issued an SBA franchise loan for a Dr. Vinyl vinyl Uphol., Etc. franchise in 2004. We've got all the details on this Virginia small business loan.

SBA Loan Borrower

HMW GROUP INC
VIRGINIA BEACH, VA 23464

SBA Loan Lender

RESOURCE BANK
4429 BONNEY RD, STE 300
VIRGINIA BEACH, VA 23462

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811198 - Automotive Repair and Maintenance

Loan Approval Date

8/12/2004

Loan Approval Gross Amount

$62,000

Loan Approval from the SBA

Of the total $62,000 loan amount, the SBA guaranteed $52,700.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Dr. Vinyl vinyl Uphol., Etc. franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.

Next Steps for Getting an SBA Loan

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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:

Dr. Vinyl and Associates, Ltd.

Banking Deregulation's Effects on Entrepreneurship

Where to Get an SBA Loan in Virginia Beach, Virginia

Virginia SBA 7A Lenders