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December 23, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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Raising Money in Heber City (heber), Utah With SBA Loans
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Financing for Gasoline Stations with Convenience StoresWith these commercial loans for gasoline stations with convenience stores, the SBA guarantees the lender that the loan will be repaid. This gasoline stations with convenience stores loan for $448,000 was given to an Utah entrepreneur in 2004. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Heber City (heber), Utah was able to borrow $448,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $336,000 of this Utah small business loan. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender BUSINESS LOAN CENTER, LLC 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. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 8/27/2004 Loan Approval Gross Amount $448,000 Loan Approval from the SBA Of the total $448,000 loan amount, the SBA guaranteed $336,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 6 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 6 existing jobs. Next Steps for Getting an SBA Loan 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. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $448,000 loan. Remember, feel the fear, and do it anyway. 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: Obtaining Funding - How to Decide How Much to Raise Good Banks for Small Business in New York, New York
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