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January 20, 2025 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Richmond, Business Loans > Business Loan Center, LLC Richmond Business Loans > Recyclable Material Wholesalers Loan | ||||
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Virginia SBA Lenders
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Entrepreneur Works With Richmond, Virginia Bank to Get an SBA LoanWant to talk with a Richmond, Virginia bank about a business loan? Here's one Iowa 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 Rhodes, Iowa. They got an SBA loan for $295,000. Way to go! SBA Loan Borrower COMPANY TYPE: RECYCLABLE MATERIAL WHOLESALERS 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. NAICS Code 421930 - Recyclable Material Wholesalers Loan Approval Date 3/12/2001 Loan Approval Gross Amount $295,000 Loan Approval from the SBA Of the total $295,000 loan amount, the SBA guaranteed $221,250. 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 28 employees. The loan application indicated that the loan would help retain 28 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Obtaining Funding From a Venture Capitalist SBA Participating Banks in Richmond, Virginia
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