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December 25, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > Drinking Places Loan | ||||
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SBA 7A Banks That Lend to Wainscott Small Businesses
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Business Lenders, LLC Gives Bank Loan to Drinking Places CompanyNew YorkBank loans are available to New York firms through the SBA. In this case, a Connecticut bank provides the loan. Getting a small business loan in Wainscott, New York was a top priority for this loan applicant back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Business Lenders, LLC. Here are the details on this New York small business loan. SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender BUSINESS LENDERS, LLC As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722410 - Drinking Places Loan Approval Date 9/26/2006 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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help retain 6 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. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Obtaining Funding From a Venture Capitalist SBA Participating Banks in Hartford, Connecticut
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