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December 23, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Richmond, Business Loans > Business Loan Center, LLC Richmond Business Loans > Coin-Operated Laundries And Drycleaning Loan | ||||
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How to Get SBA Loans in Queens Village, New York
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Small Business Loans for Coin-Operated Laundries and DrycleanersLooking for small business loans for coin-operated laundries and drycleaners? Talk to a banker who works with the SBA. This $233,000 coin-operated laundries and drycleaners loan was issued by a Virginia bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Queens Village, New York was able to borrow $233,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $174,750 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: COIN-OPERATED LAUNDRIES AND DRYCLEANING SBA Loan Lender BUSINESS LOAN CENTER, 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. SIC Code 7215 - Coin-Operated Laundries and Drycleaning NAICS Code 812310 - Coin-Operated Laundries and Drycleaners Loan Approval Date 6/7/2000 Loan Approval Gross Amount $233,000 Loan Approval from the SBA Of the total $233,000 loan amount, the SBA guaranteed $174,750. 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 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan If you are raising money in Queens Village NY, you ought to talk with a local Queens Village SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Queens Village businesses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Business Loan Center, LLC and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Find an SBA Lender in Richmond, Virginia
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