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November 23, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > Lady Of America Loan | ||||
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Business Lenders, LLC Franchise Business Loans
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Amarillo, TX Entrepreneur Gets SBA Loan to Buy Lady Of America FranchiseNeed money to buy a Lady Of America franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA. If you live near Amarillo, Texas and are interested in buying a Lady Of America franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Business Lenders, LLC. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower LADY OF AMERICA SBA Loan Lender BUSINESS LENDERS, LLC This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713940 - Fitness and Recreational Sports Centers Loan Approval Date 6/6/2001 Loan Approval Gross Amount $110,000 Loan Approval from the SBA Of the total $110,000 loan amount, the SBA guaranteed $93,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Lady Of America franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Business Lenders, LLC and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Small Business Banks in Hartford, Connecticut Browse All Business Loan Sources for Connecticut
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