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December 22, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Lawyers Loan | ||||
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Arizona Small Business Funding
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Lawyers Small Business LoansLooking for small business loans for lawyers? An SBA loan may be just what you've been looking for. This $555,000 lawyers loan was issued by a New York bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tucson, Arizona was able to borrow $555,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $416,250 of this Arizona small business loan. SBA Loan Borrower COMPANY TYPE: LAWYERS SBA Loan Lender BUSINESS LOAN CENTER, LLC This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541110 - Lawyers Loan Approval Date 9/12/2002 Loan Approval Gross Amount $555,000 Loan Approval from the SBA Of the total $555,000 loan amount, the SBA guaranteed $416,250. 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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Business Loan Center, LLC so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Best Banks in New York, New York
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