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November 14, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Home Health Equipment Rental Loan | ||||
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What Does It Take to Get a Business Loan in Fort Worth, Texas?
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Business Loans for Home Health Equipment RentalWith these business loans for home health equipment rental, the SBA guarantees the lender that the loan will be repaid. This home health equipment rental loan for $432,500 was given to a Texas entrepreneur in 2000. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fort Worth, Texas was able to borrow $432,500 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $324,375 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: HOME HEALTH EQUIPMENT RENTAL SBA Loan Lender BUSINESS LOAN CENTER, LLC Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 532291 - Home Health Equipment Rental Loan Approval Date 11/3/2000 Loan Approval Gross Amount $432,500 Loan Approval from the SBA Of the total $432,500 loan amount, the SBA guaranteed $324,375. 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 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Business Loan Center, LLC are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Borrowing Money from Friends and Family Find an SBA Lender in New York, New York Browse All Business Loan Sources for New York
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