Growing Company Gets a Texas SBA Loan
TexasBank loans are available to Texas firms through the SBA. In this case, a New York bank provides the loan.
Getting a small business loan in Pasadena, Texas was a top priority for this loan applicant back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Business Loan Center, LLC. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: FITNESS AND RECREATIONAL SPORTS CENTERS
PASADENA, TX 77501
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019
This lender provides SBA small 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
713940 - Fitness and Recreational Sports Centers
Loan Approval Date
2/4/2004
Loan Approval Gross Amount
$725,000
Loan Approval from the SBA
Of the total $725,000 loan amount, the SBA guaranteed $543,750.
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 11 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 11 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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.
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