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Case Study / SBA Term Loan
1. Wholesale Distribution Business Refinances an SBA Loan with a Traditional Loan
In 2006, an entrepreneur used a 10-year SBA loan to purchase a small business that distributes discount goods and beauty products...
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2. Motel Owner Buys a Gas Station with an Unsecured Line of Credit and an SBA Term Loan
An entrepreneur owns two motels in Illinois, one valued at $500,000 and the other at $2.5 million. Both motels have been lien-free for the past 8 years...
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