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April 19, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Bus And Motor Vehicle Transit Systems Loan | ||||
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Selma, Alabama Bank for SBA Loans
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Commercial Loans for Bus and Motor Vehicle Transit SystemsLooking for commercial loans for bus and motor vehicle transit systems? The SBA may be the answer. This $50,000 bus and motor vehicle transit systems loan was issued by a New York bank. Getting a small business loan in Selma, Alabama was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Business Loan Center, LLC, operating out of New York, New York. Here are the details on this Alabama small business loan. SBA Loan Borrower COMPANY TYPE: BUS AND MOTOR VEHICLE TRANSIT SYSTEMS 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 SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 485113 - Bus and Motor Vehicle Transit Systems Loan Approval Date 11/9/2007 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. 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 3 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 3 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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 - Getting Venture Capital SBA Banks in New York, New York
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