General Automotive Repair Small Business Loans
With these small business loans for general automotive repair, the SBA guarantees the lender that the loan will be repaid. This general automotive repair loan for $21,000 was given to a Kansas entrepreneur in 2005.
This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Business Loan Center, LLC, out of New York, New York. The loan was granted and they received $21,000 to help grow their Wichita, Kansas business.
SBA Loan Borrower
COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR
WICHITA, KS 67216
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
811111 - General Automotive Repair
Loan Approval Date
3/4/2005
Loan Approval Gross Amount
$21,000
Loan Approval from the SBA
Of the total $21,000 loan amount, the SBA guaranteed $17,850.
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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
Investor Turnoffs
Small Bank Loans in New York, New York
SBA Participating Banks in New York