New York Business Devel Corp SBA Loan to Amusement And Recreation Services Company

Want a New York SBA loan? Here's one New York business loan that was approved by the SBA.

This local small business knew how to go about getting a business bank loan. Based in Brewster, New York, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was New York Business Devel Corp, based in New York, New York.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES
BREWSTER, NY 10509

SBA Loan Lender

NEW YORK BUSINESS DEVEL CORP
633 3RD AVENUE
NEW YORK, NY 10036

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7999 - Amusement and Recreation Services

Loan Approval Date

4/14/2000

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like New York Business Devel Corp are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Obtaining Funding From a Venture Capitalist

SBA 7A Banks for New York, New York Loans

SBA New York Lenders