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April 27, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > New York, Business Loans > Loan Source Incorporated New York Business Loans > Exterminating And Pest Control Services Loan | ||||
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SBA Loan from Loan Source Incorporated
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SBA Loan from Loan Source Incorporated Helps Exterminating And Pest Control Services CompanyLoan Source Incorporated has a track record as a leading provider of SBA loans. Find out how this New York entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New York, New York was able to borrow $300,000 from Loan Source Incorporated. The SBA made the loan possible by guaranteeing $225,000 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: EXTERMINATING AND PEST CONTROL SERVICES SBA Loan Lender LOAN SOURCE INCORPORATED This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561710 - Exterminating and Pest Control Services Loan Approval Date 1/26/2006 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. 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. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! Remember, you 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. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Loan Source Incorporated had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Loan Source Incorporated made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Obtaining Funding - How to Decide How Much to Raise Good Banks for Small Business in New York, New York Browse All Business Loan Sources for New York
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