Loan Census Banking News and Information
April 23, 2024  
 
 
  Business Loan Information  
 

Anderson, Alabama Bank Loan

 

 
Loan Census SBA Loan Info

Financing for Women, Children, and Infants Clothing and Accessories Merchant Wholesaler

Looking for loans for women, children, and infants clothing and accessories merchant wholesaler? An SBA loan may be just what you've been looking for. This $25,000 women, children, and infants clothing and accessories merchant wholesaler loan was issued by a Florida bank.

This small firm knew how to go about getting a business bank loan. Based in Anderson, Alabama, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Business Loan Center, LLC, based in Panama City Beach, Florida.

SBA Loan Borrower

COMPANY TYPE: WOMEN, CHILDREN, AND INFANTS CLOTHING AND ACCESSORIES MERCHANT WHOLESALER
Anderson, AL 35610

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
415 BECKRICH RD., STE 250
PANAMA CITY BEACH, FL 32407

This lender issued this small business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

424330 - Women, Children, and Infants Clothing and Accessories Merchant Wholesaler

Loan Approval Date

9/6/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $21,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. 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.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Anderson AL, you ought to talk with a local Anderson SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Anderson businesses.

We can help you find the best banks for small businesses in Anderson 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.

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