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November 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Line-Haul Railroads Loan | ||||
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Westlake, Ohio Bank Loan
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Borrowing Money for Line-Haul RailroadsLooking for loans for line-haul railroads? An SBA loan may be just what you've been looking for. This $500,000 line-haul railroads loan was issued by a New York bank. This small firm knew how to go about getting a business bank loan. Based in Westlake, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Business Loan Center, LLC, based in New York, New York. SBA Loan Borrower COMPANY TYPE: LINE-HAUL RAILROADS SBA Loan Lender BUSINESS LOAN CENTER, LLC This lender provides SBA business 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 482111 - Line-Haul Railroads Loan Approval Date 2/15/2006 Loan Approval Gross Amount $500,000 Loan Approval from the SBA Of the total $500,000 loan amount, the SBA guaranteed $375,000. 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 62 employees. The SBA loan application for the borrower indicated that the loan would help generate 38 new jobs and retain 100 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA Approved Banks in New York, New York Browse All Business Loan Sources for New York
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