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December 18, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Richmond, Business Loans > Business Loan Center, LLC Richmond Business Loans > Caterers Loan | ||||
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SBA Lender Castle Rock Colorado
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Bank Loans for CaterersWith these bank loans for caterers, the SBA guarantees the lender that the loan will be repaid. This caterers loan for $150,000 was given to a Colorado entrepreneur in 2000. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Castle Rock, Colorado was able to borrow $150,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $112,500 of this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: CATERERS SBA Loan Lender BUSINESS LOAN CENTER, LLC As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722320 - Caterers Loan Approval Date 11/30/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $112,500. 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 only one employee. The loan application indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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 Participating Banks in Richmond, Virginia Getting an SBA Loan in Virginia
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