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May 11, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Richmond, Business Loans > Business Loan Center, LLC Richmond Business Loans > Hardware Stores Loan | ||||
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Business Loan Center, LLC Business Loan Sapulpa
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Business Loan Center, LLC SBA Loan to Hardware Stores CompanyBusiness Loan Center, LLC has a track record as a leading provider of SBA loans. Find out how this Oklahoma entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Sapulpa, Oklahoma was able to borrow $630,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $472,500 of this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: HARDWARE STORES SBA Loan Lender BUSINESS LOAN CENTER, LLC This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 444130 - Hardware Stores Loan Approval Date 5/17/2002 Loan Approval Gross Amount $630,000 Loan Approval from the SBA Of the total $630,000 loan amount, the SBA guaranteed $472,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 17 employees. The SBA loan documents indicated that the loan would help retain 17 existing jobs. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Business Loan Center, LLC so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 - Friends and Family Best Banks in Richmond, Virginia
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