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April 27, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Richmond, Business Loans > Business Loan Center, LLC Richmond Business Loans > Convenience Stores Loan | ||||
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SBA 7A Banks in Texas
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Borrowing Money for Convenience StoresWith these loans for convenience stores, the SBA guarantees the lender that the loan will be repaid. This convenience stores loan for $302,000 was given to a Texas entrepreneur in 2002. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dallas, Texas was able to borrow $302,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $226,500 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: CONVENIENCE STORES SBA Loan Lender BUSINESS LOAN CENTER, LLC This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445120 - Convenience Stores Loan Approval Date 9/27/2002 Loan Approval Gross Amount $302,000 Loan Approval from the SBA Of the total $302,000 loan amount, the SBA guaranteed $226,500. 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 4 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 4 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Good Banks for Small Business in Richmond, Virginia
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