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November 15, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Vestal, Business Loans > Tioga State Bank Vestal Business Loans > Electrical Contractors Loan | ||||
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Tips for Small Business Owners On Getting a Loan
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Financing for Electrical ContractorsLooking for loans for electrical contractors? An SBA loan may be just what you've been looking for. This $525,000 electrical contractors loan was issued by a New York bank. This small firm knew how to go about getting a business bank loan. Based in Binghamton, New York, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Tioga State Bank, based in Vestal, New York. SBA Loan Borrower COMPANY TYPE: ELECTRICAL CONTRACTORS SBA Loan Lender TIOGA STATE BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA small business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235310 - Electrical Contractors Loan Approval Date 2/26/2004 Loan Approval Gross Amount $525,000 Loan Approval from the SBA Of the total $525,000 loan amount, the SBA guaranteed $393,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the business promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: Small Business Banks in Vestal, New York Getting an SBA Loan in New York
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