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April 30, 2024 |
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| Home > Small Business Lenders by State > Alaska Business Loan Sources > Cleveland, Business Loans > Keybank National Association Cleveland Business Loans > Passenger Car Rental Loan | ||||
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Business Loans for Anchorage Small Businesses
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Borrowing Money for Passenger Car RentalLooking for loans for passenger car rental? Try the SBA. This $400,000 passenger car rental loan was issued by an Ohio bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Anchorage, Alaska was able to borrow $400,000 from Keybank National Association. The SBA made the loan possible by guaranteeing $261,784 of this Alaska small business loan. SBA Loan Borrower COMPANY TYPE: PASSENGER CAR RENTAL SBA Loan Lender KEYBANK NATIONAL ASSOCIATION This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7514 - Passenger Car Rental NAICS Code 532111 - Passenger Car Rental Loan Approval Date 4/21/2000 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $261,784. 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 only one employee. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 1 existing job. Next Steps for Getting an SBA Loan Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We can help you find the best banks for small businesses in Anchorage or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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:
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