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November 25, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Richmond, Business Loans > Business Loan Center, LLC Richmond Business Loans > Basic Inorganic Chemical Manufacturing Loan | ||||
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Banks for Tucson, Arizona Entrepreneurs
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Getting an SBA Loan for Basic Inorganic Chemical ManufacturingLooking for commercial loans for basic inorganic chemical manufacturing? Try the SBA. This $1,320,000 basic inorganic chemical manufacturing loan was issued by a Virginia bank. Getting a small business loan in Tucson, Arizona was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Business Loan Center, LLC, operating out of Richmond, Virginia. Here are the details on this Arizona small business loan. SBA Loan Borrower COMPANY TYPE: BASIC INORGANIC CHEMICAL MANUFACTURING SBA Loan Lender BUSINESS LOAN CENTER, LLC Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 325188 - Basic Inorganic Chemical Manufacturing Loan Approval Date 9/11/2001 Loan Approval Gross Amount $1,320,000 Loan Approval from the SBA Of the total $1,320,000 loan amount, the SBA guaranteed $990,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 application for the borrower indicated that the loan would help generate 3 new jobs and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. 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: Small Bank Loans in Richmond, Virginia
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