Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Who Can Get a Business Loan in Garland, Texas?

 

 
Loan Census SBA Loan Info

Where to Get Capital for Coin-Operated Laundries and Drycleaners

Looking for small business loans for coin-operated laundries and drycleaners? Try the SBA. This $185,000 coin-operated laundries and drycleaners loan was issued by a New York bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Garland, Texas was able to borrow $185,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $137,492 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: COIN-OPERATED LAUNDRIES AND DRYCLEANERS
GARLAND, TX 75042

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

This lender provides SBA commercial 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

812310 - Coin-Operated Laundries and Drycleaners

Loan Approval Date

12/4/2001

Loan Approval Gross Amount

$185,000

Loan Approval from the SBA

Of the total $185,000 loan amount, the SBA guaranteed $137,492.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 25 employees. This SBA loan request indicated that the loan would help retain 25 existing jobs.

Getting an SBA Loan For Your Business

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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