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November 15, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > General Rental Centers Loan | ||||
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Connecticut SBA 7A Lenders
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Hartford, Connecticut Bank Gives SBA Loan to General Rental Centers CompanyThinking about meeting with a Hartford, Connecticut bank about an SBA loan? Here's one Louisiana business loan, issued by a Hartford bank, that was approved by the SBA. Applying for an SBA loan with Business Lenders, LLC worked out well for our friends at one local firm in Shreveport, Louisiana. The business was able to get an SBA loan for $2,000,000. Awesome! SBA Loan Borrower COMPANY TYPE: GENERAL RENTAL CENTERS SBA Loan Lender BUSINESS LENDERS, 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 532310 - General Rental Centers Loan Approval Date 6/15/2007 Loan Approval Gross Amount $2,000,000 Loan Approval from the SBA Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000. 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 24 employees. The SBA loan application for the borrower indicated that the loan would help retain 24 existing jobs. Next Steps for Getting an SBA Loan If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower. Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today! 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 7A Banks for Hartford, Connecticut Loans
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