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May 18, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Panama City Beach, Business Loans > Business Loan Center, LLC Panama City Beach Business Loans > Manufacturing Loan | ||||
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Harvey SBA Loans
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Harvey, Louisiana Entrepreneur Gets a Bank LoanLouisianaBusiness loans are available to Louisiana business owners through the SBA. In this case, a Florida bank provides the loan. Getting a small business loan in Harvey, Louisiana was a top priority for this SBA-financed company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Business Loan Center, LLC. Here are the details on this Louisiana small business loan. SBA Loan Borrower COMPANY TYPE: MANUFACTURING SBA Loan Lender BUSINESS LOAN CENTER, LLC This lender issued this SBA loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 339999 - Manufacturing Loan Approval Date 7/12/2005 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $21,250. 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 generate 2 new jobs and retain 1 existing job. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Business Loan Center, LLC so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: SBA 7A Lenders in Panama City Beach, Florida
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