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April 28, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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Sacramento Small Business Loans from Business Loan Center, LLC
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Business Loan from Business Loan Center, LLC Given to Gasoline Stations With Convenience Stores CompanyBusiness Loan Center, LLC and the SBA work together to get business loans for growing small businesses. Here's an example of how a California entrepreneur was able to get a loan to take a small business to the next level. This business knew how to go about getting a business bank loan. Based in Sacramento, California, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Business Loan Center, LLC, based in New York, New York. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender BUSINESS LOAN CENTER, LLC SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 5/7/2007 Loan Approval Gross Amount $1,900,000 Loan Approval from the SBA Of the total $1,900,000 loan amount, the SBA guaranteed $1,425,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job. Next Steps for Getting an SBA Loan 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. We've showcased information on this loan to let you know that businesses like yours 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: Getting an SBA Loan in New York
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