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May 5, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Panama City Beach, Business Loans > Business Loan Center, LLC Panama City Beach Business Loans > Full-Service Restaurants Loan | ||||
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Business Loan Center, LLC Titusville, Florida
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Business Loan Center, LLC SBA Loan to Full-Service Restaurants CompanyAn 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 Titusville, Florida business owner got a $50,000 loan. This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Business Loan Center, LLC, out of Panama City Beach, Florida. The loan was granted and they received $50,000 to help grow their Titusville, Florida business. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender BUSINESS LOAN CENTER, LLC This lender issued this commercial loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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 722110 - Full-Service Restaurants Loan Approval Date 8/24/2007 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 a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 32 employees. The SBA loan documents indicated that the loan would help retain 32 existing jobs. Start the Process for Getting an SBA Loan Today! If you are working on finding money to start a business in Titusville FL, you ought to talk with a local Titusville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Titusville businesses. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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 SBA 7A Banks for Panama City Beach, Florida Loans
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