Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Washington SBA Lenders

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Washington, District of Columbia Bank to Get an SBA Loan

Get SBA loans from a Washington, District of Columbia bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

The Adams National Bank is a Washington, District of Columbia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a District of Columbia company.

SBA Loan Borrower

COMPANY TYPE: GRAPHIC DESIGN SERVICES
WASHINGTON, DC 20015

SBA Loan Lender

THE ADAMS NATIONAL BANK
1130 CONNECTICUT AVE NW, STE
WASHINGTON, DC 20006

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541430 - Graphic Design Services

Loan Approval Date

5/17/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 3 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Startup Funding Tip

Banks in Washington, District of Columbia

District of Columbia SBA Banks