Center Harbour, New Hampshire Business Gets SBA-Guaranteed Funding from Business Loan Center, LLC
An SBA loan from Business Loan Center, LLC typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Center Harbour, New Hampshire business owner got a $359,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Center Harbour, New Hampshire was able to borrow $359,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $269,250 of this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: HOTELS AND MOTELS
CENTER HARBOUR, NH 03226
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 commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7011 - Hotels and Motels
Loan Approval Date
7/5/2000
Loan Approval Gross Amount
$359,000
Loan Approval from the SBA
Of the total $359,000 loan amount, the SBA guaranteed $269,250.
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 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Center Harbour or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
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