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| Entrepreneur Resources | Business Loan Center, LLC New York Business Loans | ||||
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Austin SBA Loans
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Id-One Gets a Texas Bank LoanSearching for a Texas bank loan? This Texas entrepreneur got a bank loan, provided by a New York bank that works with the SBA to help small business owners.
Getting a small business loan in Austin, Texas was a top priority for Id-One back in 2007 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 Texas small business loan. SBA Loan Borrower ID-ONE SBA Loan Lender BUSINESS LOAN CENTER, LLC 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 541330 - Engineering Services Loan Approval Date 5/1/2007 Loan Approval Gross Amount $1,017,500 Loan Approval from the SBA Of the total $1,017,500 loan amount, the SBA guaranteed $763,125. More Information on This SBA Loan The borrower, Id-One, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as Id-One walked into Business Loan Center, LLC and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money! About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Obtaining Funding - How to Decide How Much to Raise Best Banks for Small Business in New York, New York Getting a Business Loan in New York If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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