Loan Census Banking News and Information
November 15, 2024  
 
 
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New York, New York SBA 7A Banks

 

 
Loan Census SBA Loan Info

New York, New York Bank Lends Money to Car Washes Company in Independence, Missouri

Want to talk with a New York, New York bank about a small business loan? Here's one Missouri business loan, issued by a New York bank, that was approved by the SBA.

Applying for an SBA loan with Business Loan Center, LLC worked out well for our friends at one local company in Independence, Missouri. The business was able to get an SBA loan for $970,700. Awesome!

SBA Loan Borrower

COMPANY TYPE: CAR WASHES
INDEPENDENCE, MO 64111

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

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

811192 - Car Washes

Loan Approval Date

5/17/2004

Loan Approval Gross Amount

$970,700

Loan Approval from the SBA

Of the total $970,700 loan amount, the SBA guaranteed $728,025.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help create 10 new jobs.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Getting a Small Business Loan

SBA Approved Banks in New York, New York

SBA New York Lenders