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May 11, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Gift, Novelty, And Souvenir Stores Loan | ||||
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Examples of Winston-Salem SBA Loans
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Gift, Novelty, and Souvenir Stores Business LoansLooking for business loans for gift, novelty, and souvenir stores? The SBA may be the answer. This $45,000 gift, novelty, and souvenir stores loan was issued by a New York bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Winston-Salem, North Carolina was able to borrow $45,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $38,250 of this North Carolina small business loan. SBA Loan Borrower COMPANY TYPE: GIFT, NOVELTY, AND SOUVENIR STORES SBA Loan Lender BUSINESS LOAN CENTER, LLC This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453220 - Gift, Novelty, and Souvenir Stores Loan Approval Date 10/4/2007 Loan Approval Gross Amount $45,000 Loan Approval from the SBA Of the total $45,000 loan amount, the SBA guaranteed $38,250. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 14 employees. The SBA loan application for the borrower indicated that the loan would help retain 14 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. This SBA loan was for $45,000. How would you spend $45,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: SBA 7A Banks in New York, New York Getting an SBA Loan in New York
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