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| Entrepreneur Resources | Capital One Mclean Business Loans | ||||
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Small Business Banks in Texas
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Raising Money for Ophthalmic Goods Merchant WholesalersLooking for business loans for ophthalmic goods merchant wholesalers? The SBA may be the answer. This $100,000 ophthalmic goods merchant wholesalers loan was issued by a Virginia bank.
The Frame Broker, Inc. knew how to go about getting a business bank loan. Based in Austin, Texas, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Capital One, based in Mclean, Virginia. SBA Loan Borrower THE FRAME BROKER, INC. SBA Loan Lender CAPITAL ONE This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 423460 - Ophthalmic Goods Merchant Wholesalers Loan Approval Date 7/6/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. More Information on This SBA Loan The borrower, The Frame Broker, Inc., borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Your solution for where to find money to start a business may be an SBA guaranteed loan. The Frame Broker, Inc. recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Role of Business Plan When Raising Money SBA Participating Banks in Mclean, Virginia Getting a Business Loan in Virginia If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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