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May 11, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Eating Places Loan | ||||
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New York Bank SBA Loans
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Business Loan Center, LLC SBA Loan to Eating Places CompanyLooking to get a New Hampshire SBA loan? Here's one New Hampshire business loan that was approved by the SBA. This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Business Loan Center, LLC, out of New York, New York. The loan was granted and they received $415,000 to help grow their Mason, New Hampshire business. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender BUSINESS LOAN CENTER, LLC This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 3/14/2000 Loan Approval Gross Amount $415,000 Loan Approval from the SBA Of the total $415,000 loan amount, the SBA guaranteed $311,250. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Find an SBA Lender in New York, New York
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