 |
 |
December 4, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Louisiana Business Loan Sources > New Orleans, Business Loans > Bizcapital Bidco II, LLC New Orleans Business Loans > Commercial And Industrial Machinery And Equipment Loan | ||||
 |
||||
New Orleans, Louisiana Bank for SBA Loans
|
||||
 |
Entrepreneur Works With New Orleans, Louisiana Bank to Get an SBA LoanA New Orleans, Louisiana business loan can be yours. Learn how a company got a $190,000 business loan from this Louisiana bank. This loan to a local firm is a good example of an SBA loan. Bizcapital Bidco II, LLC made the loan and the SBA guaranteed a portion of the loan. Many other Louisiana entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND INDUSTRIAL MACHINERY AND EQUIPMENT SBA Loan Lender BIZCAPITAL BIDCO II, 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 811310 - Commercial and Industrial Machinery and Equipment Loan Approval Date 10/9/2001 Loan Approval Gross Amount $190,000 Loan Approval from the SBA Of the total $190,000 loan amount, the SBA guaranteed $142,500. 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 5 employees. The SBA loan application for the borrower indicated that the funding would help generate 4 new jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bizcapital Bidco II, LLC are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: SBA 7A Banks in New Orleans, Louisiana
|
|
||
|
||||
|
|
||||