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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 > Gasoline Service Stations Loan | ||||
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New York Bank SBA Loans
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Business Loan Center, LLC SBA Loan to Gasoline Service Stations CompanyWant a Michigan SBA loan? Here's one Michigan business loan that was approved by the SBA. This growing firm needed an SBA business loan in Gibraltar, Michigan back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Business Loan Center, LLC, operating out of New York, New York. Here are the details on this Michigan small business loan. SBA Loan Borrower COMPANY TYPE: GASOLINE SERVICE STATIONS SBA Loan Lender BUSINESS LOAN CENTER, LLC This lender provides SBA 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. SIC Code 5541 - Gasoline Service Stations Loan Approval Date 2/11/2000 Loan Approval Gross Amount $1,085,000 Loan Approval from the SBA Of the total $1,085,000 loan amount, the SBA guaranteed $749,952. 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 7 employees. The SBA loan documents indicated that the loan would help create 7 new jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Business Loan Center, LLC and they will explain how you can get an SBA loan for your company. 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: Banking Deregulation's Effects on Entrepreneurship SBA 7A Banks in New York, New York SBA Participating Banks in New York
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