Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

New York SBA 7A Lenders

 

 
Loan Census SBA Loan Info

New York, New York Bank Gives SBA Loan to Gasoline Service Stations Company

Want to talk with a New York, New York bank about a business loan? Here's one Texas 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 Tomball, Texas. They received an SBA loan for $1,102,500. Awesome!

SBA Loan Borrower

COMPANY TYPE: GASOLINE SERVICE STATIONS
TOMBALL, TX 77375

SBA Loan Lender

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

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.

SIC Code

5541 - Gasoline Service Stations

Loan Approval Date

6/13/2000

Loan Approval Gross Amount

$1,102,500

Loan Approval from the SBA

Of the total $1,102,500 loan amount, the SBA guaranteed $749,997.

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 5 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Dealing With Venture Capitalists

Find an SBA Lender in New York, New York

Browse All Business Loan Sources for New York