New York Business Loan Issued to Meat Markets Company
New YorkSBA loans are available to New York entrepreneurs through the SBA. In this case, a New Jersey bank provides the loan.
You can learn something about getting a small business loan in Bronx, New York by studying this loan to a local business, made back in 2006. Banks like Td Banknorth may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: MEAT MARKETS
BRONX, NY 10466
SBA Loan Lender
TD BANKNORTH
PARK 80 WEST/PLAZA 2
SADDLE BROOK, NJ 07663
This bank 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
445210 - Meat Markets
Loan Approval Date
7/10/2006
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. This loan was not for a franchise. At the time of the loan, the company
had no employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $100,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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