Business Loan from Business Loan Center, LLC Given to Drinking Places Company
Business Loan Center, LLC has a track record as a leading provider of SBA loans. Find out how this New York entrepreneur received an SBA loan from them.
This growing company knew how to go about getting a business bank loan. Based in Rosedale, New York, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Business Loan Center, LLC, based in Richmond, Virginia.
SBA Loan Borrower
COMPANY TYPE: DRINKING PLACES
ROSEDALE, NY 11422
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
3900 WESTERRE PARKWAY, SUITE
RICHMOND, VA 23233
This lender provides SBA bank 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
722410 - Drinking Places
Loan Approval Date
1/6/2003
Loan Approval Gross Amount
$705,000
Loan Approval from the SBA
Of the total $705,000 loan amount, the SBA guaranteed $528,750.
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 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
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.
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