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May 3, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > Red Carpet Inn Loan | ||||
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SBA Lenders for Richmond, Virginia Small Business Owners
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Richmond, VA Entrepreneur Gets SBA Loan to Buy Red Carpet Inn FranchiseNeed money to invest in a Red Carpet Inn franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Red Carpet Inn franchise? If so, here's a 2005 SBA franchise loan that you should know about. Business Lenders, LLC was the lender and the entrepreneur was based in Richmond, Virginia. SBA Loan Borrower RED CARPET INN SBA Loan Lender BUSINESS LENDERS, LLC This lender provides SBA 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 721110 - Hotels and Motels Loan Approval Date 11/18/2005 Loan Approval Gross Amount $1,230,000 Loan Approval from the SBA Of the total $1,230,000 loan amount, the SBA guaranteed $922,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Red Carpet Inn franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start a small business or need money to grow a business, an SBA loan can be a great funding source We can help you find the best banks for small businesses in Richmond 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: Dealing With Venture Capitalists Banks in Hartford, Connecticut
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