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December 23, 2024 |
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| Home > Small Business Lenders by State > Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Scenic And Sightseeing Transportation, Water Loan | ||||
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St. Thomas (island) (county-Eq Business Loan from Business Loan Center, LLC
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Business Loan from Business Loan Center, LLC Given to Scenic And Sightseeing Transportation, Water CompanyBusiness Loan Center, LLC is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one entrepreneur who tapped into the power of SBA loans. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in St. Thomas (island) (county-Eq, was able to borrow $25,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $21,250 of this small business loan. SBA Loan Borrower COMPANY TYPE: SCENIC AND SIGHTSEEING TRANSPORTATION, WATER SBA Loan Lender BUSINESS LOAN CENTER, LLC 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 487210 - Scenic and Sightseeing Transportation, Water Loan Approval Date 5/25/2005 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $21,250. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Next Steps for Getting an SBA Loan If you have been wondering how do i get money to start a business in St. Thomas (island) (county-Eq VI, you ought to talk with a local St. Thomas (island) (county-Eq SBA lender or talk with an out-of-area SBA lender that has previously loaned money to St. Thomas (island) (county-Eq businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Business Loan Center, LLC that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Realistic Debt Financing Options SBA Banks in New York, New York Browse All Business Loan Sources for New York
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