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May 1, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Howard Johnson Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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Loan to Buy Howard Johnson Franchise Issued By Business Loan Center, LLCNeed money to buy a Howard Johnson franchise? Business Loan Center, LLC has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Howard Johnson franchise shouldn't be overly burdensome. In 2005, Business Loan Center, LLC issued an SBA franchise loan to an entrepreneur in Laramie, Wyoming. Because Howard Johnson was registered with the SBA's registry of franchises, this Wyoming small business loan was issued on an expedited basis. SBA Loan Borrower HOWARD JOHNSON SBA Loan Lender BUSINESS LOAN CENTER, LLC This lender provides SBA debt financing 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 721110 - Hotels and Motels Loan Approval Date 7/19/2005 Loan Approval Gross Amount $1,929,000 Loan Approval from the SBA Of the total $1,929,000 loan amount, the SBA guaranteed $1,446,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Howard Johnson franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. If you need emergency business money, 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: Howard Johnson International, Inc. Howard Johnson Franchise Canada Inc. Dealing With Venture Capitalists Best Banks for Small Business in New York, New York Find an SBA Lender in New York
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