Loan to Buy Days Inn Franchise Issued By Business Loan Center, LLC
Need a loan to buy a Days Inn franchise? Business Loan Center, LLC has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Days Inn franchise? If so, here's a 2006 SBA franchise loan that you should know about. Business Loan Center, LLC was the lender and the entrepreneur was based in Grayson, Kentucky.
SBA Loan Borrower
JAGJIT INTERNATIONAL CORP DBA DAYS INN
Grayson, KY 41143
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
721110 - Hotels and Motels
Loan Approval Date
2/1/2006
Loan Approval Gross Amount
$1,015,000
Loan Approval from the SBA
Of the total $1,015,000 loan amount, the SBA guaranteed $761,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Days Inn franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My 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 can help you find the best banks for small businesses in Grayson 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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