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November 25, 2024  
 
 
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I Need Commercial Loans in Birch Run, Michigan

 

 
Loan Census SBA Loan Info

Loans for Golf Courses and Country Clubs

Looking for loans for golf courses and country clubs? Talk to a banker who works with the SBA. This $1,000,000 golf courses and country clubs loan was issued by a New York bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Birch Run, Michigan was able to borrow $1,000,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $750,000 of this Michigan small business loan.

SBA Loan Borrower

COMPANY TYPE: PUBLIC GOLF COURSES
BIRCH RUN, MI 48415

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7992 - Public Golf Courses

NAICS Code

713910 - Golf Courses and Country Clubs

Loan Approval Date

4/25/2000

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help create 1 new job.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We've showcased information on this loan to let you know that businesses like yours 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:

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SBA Banks in New York, New York

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