Getting an SBA Loan for Refrigeration Equipment and Supplies Merchant Wholesalers
Looking for business loans for refrigeration equipment and supplies merchant wholesalers? Try the SBA. This $25,000 refrigeration equipment and supplies merchant wholesalers loan was issued by a New York bank.
Mid-Illini Beverage LLC 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 $25,000 to help grow their Tulsa, Oklahoma business.
SBA Loan Borrower
MID-ILLINI BEVERAGE LLC
3032 E. 85TH ST.
TULSA, OK 74137
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. This program helps the United States banking system to provide SBA business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
423740 - Refrigeration Equipment and Supplies Merchant Wholesalers
Loan Approval Date
3/8/2005
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $21,250.
More Information on This SBA Loan
The borrower, Mid-Illini Beverage LLC, borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help retain 1 existing job. This loan was paid in full, and was closed out on 7/3/2006.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Business Loan Center, LLC and they will explain how you can get an SBA loan for your company.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
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