New York, New York Lender Lends Money to Computer Systems Design Services Company
Get to know New York, New York banks that specialize in business loans and know how to work with entrepreneurs. Business Loan Center, LLC is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in West Palm Beach, Florida starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Business Loan Center, LLC. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: COMPUTER SYSTEMS DESIGN SERVICES
WEST PALM BEACH, FL 33411
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019
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
541512 - Computer Systems Design Services
Loan Approval Date
2/2/2006
Loan Approval Gross Amount
$276,100
Loan Approval from the SBA
Of the total $276,100 loan amount, the SBA guaranteed $207,075.
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 50 employees. The loan application indicated that the loan would help retain 50 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
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.
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