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May 6, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Panama City Beach, Business Loans > Business Loan Center, LLC Panama City Beach Business Loans > Amusement Arcades Loan | ||||
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What Does It Take to Get a Business Loan in Natchez, Mississippi?
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Amusement Arcades Commercial LoansLooking for commercial loans for amusement arcades? An SBA loan may be just what you've been looking for. This $22,000 amusement arcades loan was issued by a Florida bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Natchez, Mississippi was able to borrow $22,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $18,700 of this Mississippi small business loan. SBA Loan Borrower COMPANY TYPE: AMUSEMENT ARCADES SBA Loan Lender BUSINESS LOAN CENTER, 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. NAICS Code 713120 - Amusement Arcades Loan Approval Date 6/14/2005 Loan Approval Gross Amount $22,000 Loan Approval from the SBA Of the total $22,000 loan amount, the SBA guaranteed $18,700. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. This SBA loan was for $22,000. How would you spend $22,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: SBA 7A Banks in Panama City Beach, Florida Browse All Business Loan Sources for Florida
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