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November 24, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Richmond, Business Loans > Business Loan Center, LLC Richmond Business Loans > Refrigerated Warehousing And Storage Loan | ||||
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Advice for Business Owners On Getting a Loan
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Borrowing Money for Refrigerated Warehousing and StorageLooking for bank loans for refrigerated warehousing and storage? An SBA loan may be just what you've been looking for. This $1,248,000 refrigerated warehousing and storage loan was issued by a Virginia bank. This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Business Loan Center, LLC, out of Richmond, Virginia. The loan was granted and they received $1,248,000 to help grow their Sandwich (census Name For Sand, Massachusetts business. SBA Loan Borrower COMPANY TYPE: REFRIGERATED WAREHOUSING AND STORAGE 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 493120 - Refrigerated Warehousing and Storage Loan Approval Date 3/29/2001 Loan Approval Gross Amount $1,248,000 Loan Approval from the SBA Of the total $1,248,000 loan amount, the SBA guaranteed $936,000. 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 15 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 15 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Business Loan Center, LLC are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: SBA Banks in Richmond, Virginia SBA Participating Banks in Virginia
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