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May 5, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Richmond, Business Loans > Business Loan Center, LLC Richmond Business Loans > Shellfish Fishing Loan | ||||
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SBA 7A Banks for New Iberia, Louisiana Entrepreneurs
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Bank Loans for Shellfish FishingLooking for bank loans for shellfish fishing? Try the SBA. This $710,000 shellfish fishing loan was issued by a Virginia bank. Getting a small business loan in New Iberia, Louisiana was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Business Loan Center, LLC, operating out of Richmond, Virginia. Here are the details on this Louisiana small business loan. SBA Loan Borrower COMPANY TYPE: SHELLFISH FISHING SBA Loan Lender BUSINESS LOAN CENTER, LLC This SBA bank loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA provides a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 114112 - Shellfish Fishing Loan Approval Date 11/28/2001 Loan Approval Gross Amount $710,000 Loan Approval from the SBA Of the total $710,000 loan amount, the SBA guaranteed $532,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Good Banks for Small Business in Richmond, Virginia Find an SBA Lender in Virginia
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