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December 18, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > Carlsbad, Business Loans > Western Commerce Bank Carlsbad Business Loans > Book Stores Loan | ||||
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New Mexico SBA Lenders
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Carlsbad, New Mexico Bank Lends Money to Book Stores Company in Carlsbad, New MexicoThinking about meeting with a Carlsbad, New Mexico bank about an SBA loan? Here's one New Mexico business loan, issued by a Carlsbad bank, that was approved by the SBA. Applying for an SBA loan with Western Commerce Bank worked out well for our friends at one local company in Carlsbad, New Mexico. The business was able to get an SBA loan for $23,500. Awesome! SBA Loan Borrower COMPANY TYPE: BOOK STORES SBA Loan Lender WESTERN COMMERCE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 451211 - Book Stores Loan Approval Date 11/29/2002 Loan Approval Gross Amount $23,500 Loan Approval from the SBA Of the total $23,500 loan amount, the SBA guaranteed $19,975. 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 3 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. 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: SBA 7A Banks for Carlsbad, New Mexico Loans Getting a Business Loan in New Mexico
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