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November 24, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Car Washes Loan | ||||
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SBA 7A Banks for Belmont, New Hampshire Business Owners
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Get an SBA Loan for Car WashesLooking for small business loans for car washes? An SBA loan may be just what you've been looking for. This $1,380,000 car washes loan was issued by a Texas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Belmont, New Hampshire was able to borrow $1,380,000 from Small Business Loan Source LLC. The SBA made the loan possible by guaranteeing $1,035,000 of this New Hampshire small business loan. SBA Loan Borrower COMPANY TYPE: CAR WASHES SBA Loan Lender SMALL BUSINESS LOAN SOURCE LLC This bank 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 811192 - Car Washes Loan Approval Date 4/18/2006 Loan Approval Gross Amount $1,380,000 Loan Approval from the SBA Of the total $1,380,000 loan amount, the SBA guaranteed $1,035,000. 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 only one employee. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,380,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Borrowing Money from Friends and Family SBA 7A Lenders in Houston, Texas
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