Rochester, New York Bank Gives SBA Loan to Water And Sewer Line And Related Structures Construction Company
Find Rochester, New York banks that specialize in business loans and know how to work with entrepreneurs. Genesee Regional Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Brockport, New York starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Genesee Regional Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: WATER AND SEWER LINE AND RELATED STRUCTURES CONSTRUCTION
BROCKPORT, NY 14420
SBA Loan Lender
GENESEE REGIONAL BANK
3380 MONROE AVE
ROCHESTER, NY 14618
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
237110 - Water and Sewer Line and Related Structures Construction
Loan Approval Date
3/14/2006
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 10 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 10 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
Small Business Loan
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Getting an SBA Loan in New York