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May 9, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Public Golf Courses Loan | ||||
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I Need Commercial Loans in Birch Run, Michigan
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Loans for Golf Courses and Country ClubsLooking for loans for golf courses and country clubs? Talk to a banker who works with the SBA. This $1,000,000 golf courses and country clubs loan was issued by a New York bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Birch Run, Michigan was able to borrow $1,000,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $750,000 of this Michigan small business loan. SBA Loan Borrower COMPANY TYPE: PUBLIC GOLF COURSES SBA Loan Lender BUSINESS LOAN CENTER, LLC 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. SIC Code 7992 - Public Golf Courses NAICS Code 713910 - Golf Courses and Country Clubs Loan Approval Date 4/25/2000 Loan Approval Gross Amount $1,000,000 Loan Approval from the SBA Of the total $1,000,000 loan amount, the SBA guaranteed $750,000. 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 only one employee. The SBA loan application for the borrower indicated that the loan would help create 1 new job. Getting an SBA Loan For Your Business 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: The Friends and Family Network SBA Banks in New York, New York Browse All Business Loan Sources for New York
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