Loan Census Banking News and Information
December 23, 2024  
 
 
  Business Loan Information  
 

Raising Money in Burlington, Massachusetts With SBA Loans

 

 
Loan Census SBA Loan Info

Raising Money for Warm Air Heating and Air-Conditioning Equipment and Suppplies Wholesalers

Looking for bank loans for warm air heating and air-conditioning equipment and suppplies wholesalers? An SBA loan may be just what you've been looking for. This $184,100 warm air heating and air-conditioning equipment and suppplies wholesalers loan was issued by a New York bank.

Getting a small business loan in Burlington, Massachusetts was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Business Loan Center, LLC, operating out of New York, New York. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: WARM AIR HEATING AND AIR CONDITIONING EQUIPMENT
BURLINGTON, MA 01803

SBA Loan Lender

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

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5075 - Warm Air Heating and Air Conditioning Equipment

NAICS Code

421730 - Warm Air Heating and Air-Conditioning Equipment and Suppplies Wholesalers

Loan Approval Date

8/5/2002

Loan Approval Gross Amount

$184,100

Loan Approval from the SBA

Of the total $184,100 loan amount, the SBA guaranteed $138,075.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 21 employees. The SBA loan documents did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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 Borrow Money

Find an SBA Lender in New York, New York

SBA New York Banks