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November 15, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Richmond, Business Loans > Business Loan Center, LLC Richmond Business Loans > Manifold Business Forms Printing Loan | ||||
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Virginia Bank SBA Loans
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Moorestown, New Jersey Business Gets SBA-Guaranteed Funding from Business Loan Center, LLCAn SBA loan from Business Loan Center, LLC typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Moorestown, New Jersey business owner got a $1,700,000 loan. This growing company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Business Loan Center, LLC, out of Richmond, Virginia. The loan was granted and they received $1,700,000 to help grow their Moorestown, New Jersey business. SBA Loan Borrower COMPANY TYPE: MANIFOLD BUSINESS FORMS PRINTING SBA Loan Lender BUSINESS LOAN CENTER, LLC This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 323116 - Manifold Business Forms Printing Loan Approval Date 6/20/2002 Loan Approval Gross Amount $1,700,000 Loan Approval from the SBA Of the total $1,700,000 loan amount, the SBA guaranteed $741,234. 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 32 employees. This SBA loan request indicated that the loan would help retain 32 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 $1,700,000 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: Best Richmond, Virginia Banks for Small Business
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