Farm Machinery and Equipment Manufacturing Business Loans

Looking for business loans for farm machinery and equipment manufacturing? Try the SBA. This $75,000 farm machinery and equipment manufacturing loan was issued by a New York bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Nbt Bank, National Association, out of Norwich, New York. The loan was granted and they received $75,000 to help grow their Arkville, New York business.

SBA Loan Borrower

COMPANY TYPE: SPECIAL INDUSTRY MACHINERY
ARKVILLE, NY 12406

SBA Loan Lender

NBT BANK, NATIONAL ASSOCIATION
52 S BROAD ST
NORWICH, NY 13815

This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3559 - Special Industry Machinery

NAICS Code

333111 - Farm Machinery and Equipment Manufacturing

Loan Approval Date

8/14/2001

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 3 employees. This SBA loan request did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Attracting Investors

Find an SBA Lender in Norwich, New York

New York SBA 7A Lenders