Wind Gap (corporate Name For W, Pennsylvania Entrepreneur Gets a Business Loan

SBA loans in Pennsylvania are hard to find these days. We take a look at one Pennsylvania SBA loan, provided by a Virginia bank, that was approved by the SBA.

Getting a small business loan in Wind Gap (corporate Name For W, Pennsylvania was a top priority for this particular business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Business Loan Center, LLC. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: BOWLING CENTERS
WIND GAP (CORPORATE NAME FOR W, PA 18091

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
3900 WESTERRE PARKWAY, SUITE
RICHMOND, VA 23233

This lender provides SBA debt financing 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

713950 - Bowling Centers

Loan Approval Date

1/7/2003

Loan Approval Gross Amount

$997,000

Loan Approval from the SBA

Of the total $997,000 loan amount, the SBA guaranteed $747,750.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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.

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