Loans From Old Closed Lenders SBA Loan to Motor Vehicle Dealers Company
Loans From Old Closed Lenders has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them.
This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Loans From Old Closed Lenders, out of Washington, District of Columbia. The loan was granted and they received $715,500 to help grow their Fresno, California business.
SBA Loan Borrower
COMPANY TYPE: MOTOR VEHICLE DEALERS
FRESNO, CA 93701
SBA Loan Lender
LOANS FROM OLD CLOSED LENDERS
409 3RD STREET S.W., SUITE 83
WASHINGTON, DC 20416
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5521 - Motor Vehicle Dealers
NAICS Code
441120 - Used Car Dealers
Loan Approval Date
1/6/2000
Loan Approval Gross Amount
$715,500
Loan Approval from the SBA
Of the total $715,500 loan amount, the SBA guaranteed $536,625.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 10 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 10 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
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.
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