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May 4, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Panama City Beach, Business Loans > Business Loan Center, LLC Panama City Beach Business Loans > Retail Bakeries Loan | ||||
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Panama City Beach, Florida SBA 7A Banks
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Panama City Beach, Florida Bank Lends Money to Retail Bakeries Company in Red Hook, New YorkThinking about meeting with a Panama City Beach, Florida bank about a business loan? Here's one New York business loan, issued by a Panama City Beach bank, that was approved by the SBA. Applying for an SBA loan with Business Loan Center, LLC worked out well for our friends at one local firm in Red Hook, New York. They got an SBA loan for $25,000. Awesome! SBA Loan Borrower COMPANY TYPE: RETAIL BAKERIES SBA Loan Lender BUSINESS LOAN CENTER, LLC This lender issued this SBA loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 311811 - Retail Bakeries Loan Approval Date 6/1/2006 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $21,250. 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 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs. Getting an SBA Loan For Your Business If you are raising money in Red Hook NY, you ought to talk with a local Red Hook SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Red Hook businesses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Obtaining Funding - How to Decide How Much to Raise Best Panama City Beach, Florida Banks for Small Business
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