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May 16, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Centereach, Business Loans > Community Building Fund, LLC Centereach Business Loans > Physicians Loan | ||||
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Get a Commercial Loan from Community Building Fund, LLC
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SBA Loan from Community Building Fund, LLC Helps Physicians CompanyAn SBA loan from Community Building Fund, LLC typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Bay Shore, New York business owner got a $175,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bay Shore, New York was able to borrow $175,000 from Community Building Fund, LLC. The SBA made the loan possible by guaranteeing $131,250 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender COMMUNITY BUILDING FUND, LLC SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621111 - Physicians Loan Approval Date 8/10/2007 Loan Approval Gross Amount $175,000 Loan Approval from the SBA Of the total $175,000 loan amount, the SBA guaranteed $131,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Community Building Fund, LLC had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Community Building Fund, LLC 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: Small Business Banks in Centereach, New York
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