Business Loan Center, LLC SBA Loan to Family Clothing Stores Company
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 Chatsworth, Georgia business owner got a $12,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Chatsworth, Georgia was able to borrow $12,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $10,200 of this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: FAMILY CLOTHING STORES
Chatsworth, GA 30705
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
415 BECKRICH RD., STE 250
PANAMA CITY BEACH, FL 32407
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA business loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
448140 - Family Clothing Stores
Loan Approval Date
12/2/2005
Loan Approval Gross Amount
$12,000
Loan Approval from the SBA
Of the total $12,000 loan amount, the SBA guaranteed $10,200.
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 2 employees. The loan application indicated that the loan would help generate 2 new jobs.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great funding source
This SBA loan was for $12,000. How would you spend $12,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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