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April 26, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Quality Inn & Suites Lumberton Loan | ||||
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Best Banks for Lumberton, North Carolina Entrepreneurs
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Borrow Money to Buy a Choice Hotels International Inc. FranchiseNeed money to invest in a Choice Hotels International Inc. franchise? Business Loan Center, LLC has a history of making these loans and they are guaranteed by the SBA. If you live near Lumberton, North Carolina and are interested in buying a Choice Hotels International Inc. franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Business Loan Center, LLC. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower QUALITY INN & SUITES LUMBERTON SBA Loan Lender BUSINESS LOAN CENTER, LLC This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 5/25/2004 Loan Approval Gross Amount $1,950,000 Loan Approval from the SBA Of the total $1,950,000 loan amount, the SBA guaranteed $999,999. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Choice Hotels International Inc. franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 23 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. We can help you find the best banks for small businesses in Lumberton or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Choice Hotels International, Inc. Obtaining Funding From a Venture Capitalist Small Bank Loans in New York, New York
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