SBA Loans for Amusement and Recreation Industries

Looking for SBA loans for amusement and recreation industries? An SBA loan may be just what you've been looking for. This $29,100 amusement and recreation industries loan was issued by a New York bank.

Getting a small business loan in Binghamton, New York was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Manufacturers & Traders Trust, operating out of Utica, New York. Here are the details on this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES
BINGHAMTON, NY 13904

SBA Loan Lender

MANUFACTURERS & TRADERS TRUST
233 GENESEE ST
UTICA, NY 13501

This lender issued this loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713990 - Amusement and Recreation Industries

Loan Approval Date

4/21/2006

Loan Approval Gross Amount

$29,100

Loan Approval from the SBA

Of the total $29,100 loan amount, the SBA guaranteed $24,735.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Binghamton NY, you ought to talk with a local Binghamton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Binghamton businesses.

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 Manufacturers & Traders Trust 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 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.

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