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May 14, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Drycleaning And Laundry Services Loan | ||||
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Yukon SBA Loan from Business Loan Center, LLC
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Yukon, Oklahoma Business Gets SBA-Guaranteed Funding from Business Loan Center, LLCAn 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 Yukon, Oklahoma business owner got a $1,360,000 loan. This growing company knew how to go about getting a business bank loan. Based in Yukon, Oklahoma, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Business Loan Center, LLC, based in New York, New York. SBA Loan Borrower COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES 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 commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812320 - Drycleaning and Laundry Services Loan Approval Date 7/12/2002 Loan Approval Gross Amount $1,360,000 Loan Approval from the SBA Of the total $1,360,000 loan amount, the SBA guaranteed $999,994. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. While you may be able to find other ways to get money to start a business, 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: Determining Proper Capital Structure for a Business Small Business Banks in New York, New York SBA Participating Banks in New York
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