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April 23, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Days Inn - Moab Utah Loan | ||||
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Business Loans for Moab Entrepreneurs
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Moab, UT Entrepreneur Gets SBA Loan to Buy Days Inn FranchiseNeed a loan to buy a Days Inn franchise? Business Loan Center, LLC has a history of making these loans and they are guaranteed by the SBA. Days Inn franchise loans are available to Moab, Utah entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Business Loan Center, LLC, based in New York, New York, issued an SBA franchise loan for a Days Inn franchise in 2004. We've got all the details on this Utah small business loan. SBA Loan Borrower DAYS INN - MOAB UTAH SBA Loan Lender BUSINESS LOAN CENTER, LLC As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 12/21/2004 Loan Approval Gross Amount $1,598,000 Loan Approval from the SBA Of the total $1,598,000 loan amount, the SBA guaranteed $1,198,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Days Inn franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Moab 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: Family and Friend Investors - Your First Financiers Who Lends Money to Small Businesses in New York, New York
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