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November 25, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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Bernalillo, New Mexico Bank for SBA Loans
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Commercial Loans for Gasoline Stations with Convenience StoresLooking for commercial loans for gasoline stations with convenience stores? Try the SBA. This $1,150,000 gasoline stations with convenience stores loan was issued by a New York bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bernalillo, New Mexico was able to borrow $1,150,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $862,500 of this New Mexico small business loan. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender BUSINESS LOAN CENTER, LLC When it made this small business loan, this bank was part of the SBA's Certified Lenders Program (CLP). This program aims to give fast service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 4/16/2002 Loan Approval Gross Amount $1,150,000 Loan Approval from the SBA Of the total $1,150,000 loan amount, the SBA guaranteed $862,500. 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 10 employees. The SBA loan documents did not indicate that the company planned to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start business in Bernalillo NM, you ought to talk with a local Bernalillo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bernalillo businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Business Loan Center, LLC that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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 Find an SBA Lender in New York, New York
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