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November 15, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Richmond, Business Loans > Business Loan Center, LLC Richmond Business Loans > Casino Hotels Loan | ||||
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Richmond, Virginia SBA 7A Banks
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Richmond, Virginia Bank Gives SBA Loan to Casino Hotels CompanyThinking about meeting with a Richmond, Virginia bank about an SBA loan? Here's one Connecticut business loan, issued by a Richmond 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 firm in New London, Connecticut. They got an SBA loan for $1,840,000. Sweet! SBA Loan Borrower COMPANY TYPE: CASINO HOTELS 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 721120 - Casino Hotels Loan Approval Date 8/17/2001 Loan Approval Gross Amount $1,840,000 Loan Approval from the SBA Of the total $1,840,000 loan amount, the SBA guaranteed $999,984. 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 40 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 40 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. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Business Loan Center, LLC and they will explain how you can get an SBA loan for your company. 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 for Richmond, Virginia Loans
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