Hazlebrook (rr Name Hazle Broo, PA Entrepreneur Gets SBA Loan to Buy U-Save Auto Rental Franchise
Borrowing money to buy an U-Save Auto Rental franchise? Business Loan Center, LLC has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Hazlebrook (rr Name Hazle Broo, Pennsylvania needed money to invest in an U-Save Auto Rental franchise back in 2003. Business Loan Center, LLC issued an SBA franchise loan. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
BB LEASING LLC
HAZLEBROOK (RR NAME HAZLE BROO, PA 18201
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019
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
441120 - Used Car Dealers
Loan Approval Date
12/18/2003
Loan Approval Gross Amount
$1,115,000
Loan Approval from the SBA
Of the total $1,115,000 loan amount, the SBA guaranteed $836,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an U-Save Auto Rental franchise. At the time of the loan, the company
had 16 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 17 existing jobs.
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SBA loans provide money to small business owners for working capital for other expenses.
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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:
U-Save Auto Rental
Financing Your Business
SBA Banks in New York, New York
Getting an SBA Loan in New York