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December 23, 2024 |
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| Home > Small Business Lenders by State > Vermont Business Loan Sources > New York, Business Loans > Business Loan Center, LLC New York Business Loans > Bed-And-Breakfast Inns Loan | ||||
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How to Get SBA Loans in Windsor (town Of), Vermont
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Raising Money for Bed-and-Breakfast InnsLooking for business loans for bed-and-breakfast inns? Try the SBA. This $1,200,000 bed-and-breakfast inns loan was issued by a New York bank. This small business knew how to go about getting a business bank loan. Based in Windsor (town Of), Vermont, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Business Loan Center, LLC, based in New York, New York. SBA Loan Borrower COMPANY TYPE: BED-AND-BREAKFAST INNS SBA Loan Lender BUSINESS LOAN CENTER, LLC Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721191 - Bed-and-Breakfast Inns Loan Approval Date 9/23/2005 Loan Approval Gross Amount $1,200,000 Loan Approval from the SBA Of the total $1,200,000 loan amount, the SBA guaranteed $900,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 8 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a company in Windsor (town Of) VT, you ought to talk with a local Windsor (town Of) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Windsor (town Of) businesses. If you need to find money for a business, 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. Related Links: Determining Proper Capital Structure for a Business Good Banks for Small Business in New York, New York
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