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April 27, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > Photocopying And Duplicating Services Loan | ||||
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Getting a Small Business Loan from Business Lenders, LLC
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New River, Arizona Business Gets SBA-Guaranteed Funding from Business Lenders, LLCAn SBA loan from Business Lenders, LLC typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a New River, Arizona business owner got a $275,000 loan. Getting a small business loan in New River, Arizona was an essential business goal for this firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Business Lenders, LLC, operating out of Hartford, Connecticut. Here are the details on this Arizona small business loan. SBA Loan Borrower COMPANY TYPE: PHOTOCOPYING AND DUPLICATING SERVICES SBA Loan Lender BUSINESS LENDERS, LLC SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7334 - Photocopying and Duplicating Services NAICS Code 561439 - Business Service Centers Loan Approval Date 7/8/2005 Loan Approval Gross Amount $275,000 Loan Approval from the SBA Of the total $275,000 loan amount, the SBA guaranteed $206,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Business Lenders, LLC and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Best Banks in Hartford, Connecticut
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