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November 14, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Ready-Mix Concrete Manufacturing Loan | ||||
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Business Loan Center, LLC SBA 7A Loans
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How to Get a Loan for Ready-Mix Concrete ManufacturingWith these business loans for ready-mix concrete manufacturing, the SBA guarantees the lender that the loan will be repaid. This ready-mix concrete manufacturing loan for $50,000 was given to a Washington entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kelso, Washington was able to borrow $50,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $25,000 of this Washington small business loan. SBA Loan Borrower COMPANY TYPE: READY-MIX CONCRETE MANUFACTURING SBA Loan Lender BUSINESS LOAN CENTER, LLC This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 327320 - Ready-Mix Concrete Manufacturing Loan Approval Date 6/13/2006 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 6 existing jobs. Getting an SBA Loan For Your Business The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Business Loan Center, LLC so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 Participating Banks in New York, New York
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