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SBA 7A Banks in Virginia

 

 
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Offices of Real Estate Agents and Brokers Commercial Loans

Looking for commercial loans for offices of real estate agents and brokers? An SBA loan may be just what you've been looking for. This $18,000 offices of real estate agents and brokers loan was issued by a North Carolina bank.

Getting a small business loan in Newport News, Virginia was important for Dvs Realty, Inc. back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Bank Of America, operating out of Charlotte, North Carolina. Here are the details on this Virginia small business loan.

SBA Loan Borrower

DVS Realty, Inc.
12767 Jefferson Avenue
NEWPORT NEWS, VA 23602

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

531210 - Offices of Real Estate Agents and Brokers

Loan Approval Date

6/23/2006

Loan Approval Gross Amount

$18,000

Loan Approval from the SBA

Of the total $18,000 loan amount, the SBA guaranteed $9,000.

More Information on This SBA Loan

The borrower, Dvs Realty, Inc., borrowed this money for an existing business. This loan was not for 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.

Great, But How Can I Get an SBA Loan for My Business?

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This SBA loan was for $18,000. How would you spend $18,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at Dvs Realty, Inc., may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

About This SBA Loan Information:

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

Related Links:

Obtaining Funding From a Venture Capitalist

Best Banks in Charlotte, North Carolina

North Carolina SBA 7A Lenders

 

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