Entrepreneur Works With Mclean, Virginia Bank to Get an SBA Loan

Thinking about meeting with a Mclean, Virginia bank about an SBA loan? Here's one Texas business loan, issued by a Mclean bank, that was approved by the SBA.

Applying for an SBA loan with Capital One worked out well for our friends at Louis D. Winsier Dba Louis Winsier Constru in Austin, Texas. The business was able to get an SBA loan for $20,000. Great job!

SBA Loan Borrower

LOUIS D. WINSIER DBA LOUIS WINSIER CONSTRU
5309 WESTMINSTER DR
AUSTIN, TX 78723

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

The lender provided this bank 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

236118 - Residential Remodelers

Loan Approval Date

9/28/2005

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

More Information on This SBA Loan

The borrower, Louis D. Winsier Dba Louis Winsier Constru, borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

Getting an SBA Loan For Your Business

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

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. Louis D. Winsier Dba Louis Winsier Constru needed a loan. Capital One probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Capital One made the loan. The end result was that Louis D. Winsier Dba Louis Winsier Constru was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Financing Your Business

SBA Participating Banks in Mclean, Virginia

Getting an SBA Loan in Virginia

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