Mclean, Virginia Lender Lends Money to Wayne W. Ingram, M.D., P.A.
A Mclean, Virginia SBA loan can be yours. Learn how Wayne W. Ingram, M.D., P.A. got a $35,000 business loan from this Virginia bank.
This loan to Wayne W. Ingram, M.D., P.A. is a good example of an SBA loan. Capital One made the loan and the SBA guaranteed a portion of the loan. Many other Texas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
Wayne W. Ingram, M.D., P.A.
711 W 38TH ST, STE G4
AUSTIN, TX 78705
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
The lender provided this commercial 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
621111 - Offices of Physicians (except Mental Health Specialists)
Loan Approval Date
11/23/2004
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
More Information on This SBA Loan
The borrower, Wayne W. Ingram, M.D., P.A., 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 3 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
If Wayne W. Ingram, M.D., P.A. can get an SBA loan, there's no reason you can't get an SBA loan too. The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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
Good Banks for Small Business in Mclean, Virginia
Find an SBA Lender in Virginia
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