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May 11, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Power Boiler And Heat Exchanger Manufacturing Loan | ||||
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Small Business Banks for New Kensington, Pennsylvania Business Owners
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Get an SBA Loan for Power Boiler and Heat Exchanger ManufacturingLooking for loans for power boiler and heat exchanger manufacturing? An SBA loan may be just what you've been looking for. This $1,250,000 power boiler and heat exchanger manufacturing loan was issued by a New York bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New Kensington, Pennsylvania was able to borrow $1,250,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $875,000 of this Pennsylvania small business loan. SBA Loan Borrower COMPANY TYPE: POWER BOILER AND HEAT EXCHANGER MANUFACTURING SBA Loan Lender BUSINESS LOAN CENTER, LLC This lender provides SBA commercial loans 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 332410 - Power Boiler and Heat Exchanger Manufacturing Loan Approval Date 12/10/2003 Loan Approval Gross Amount $1,250,000 Loan Approval from the SBA Of the total $1,250,000 loan amount, the SBA guaranteed $875,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 46 employees. The SBA loan application for the borrower indicated that the loan would help generate 9 new jobs and retain 55 existing jobs. Next Steps for Getting an SBA Loan 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. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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 Find an SBA Lender in New York
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