Business Loan from Business Loan Center, LLC Given to Gasoline Service Stations Company

An SBA loan from Business Loan Center, LLC typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Renton, Washington business owner got a $1,279,800 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Renton, Washington was able to borrow $1,279,800 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $959,850 of this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
RENTON, WA 98055

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

At the time this loan was granted, this lending institution participated in the SBA's Certified Lenders Program (CLP). This program aims to ensure fast service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5541 - Gasoline Service Stations

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

10/25/2001

Loan Approval Gross Amount

$1,279,800

Loan Approval from the SBA

Of the total $1,279,800 loan amount, the SBA guaranteed $959,850.

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. The SBA loan documents did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Renton WA, you ought to talk with a local Renton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Renton businesses.

We can help you find the best banks for small businesses in Renton 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.

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