Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

New York, New York Bank for SBA Loans

 

 
Loan Census SBA Loan Info

New York, New York Bank Lends Money to Marketing Consulting Services Company in Riverdale, Georgia

Thinking about meeting with a New York, New York bank about a business loan? Here's one Georgia business loan, issued by a New York 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 Riverdale, Georgia. They received an SBA loan for $20,000. Nice!

SBA Loan Borrower

COMPANY TYPE: MARKETING CONSULTING SERVICES
RIVERDALE, GA 30274

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541613 - Marketing Consulting Services

Loan Approval Date

2/10/2005

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $17,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Role of Business Plan When Raising Money

Best Banks in New York, New York

SBA New York Banks