Financing for Plumbing, Heating, and Air Conditioning Contractors
Looking for commercial loans for plumbing, heating, and air conditioning contractors? Try the SBA. This $45,000 plumbing, heating, and air conditioning contractors loan was issued by a New York bank.
Getting a small business loan in Bronx, New York was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Citibank, operating out of New York City, New York. Here are the details on this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: PLUMBING, HEATING, AND AIR CONDITIONING CONTRACTORS
BRONX, NY 10462
SBA Loan Lender
CITIBANK
1 COURT SQ
NEW YORK CITY, NY 11120
This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
235110 - Plumbing, Heating, and Air Conditioning Contractors
Loan Approval Date
4/7/2005
Loan Approval Gross Amount
$45,000
Loan Approval from the SBA
Of the total $45,000 loan amount, the SBA guaranteed $22,500.
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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We can help you find the best banks for small businesses in Bronx or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Financing Your Business
Banks in New York City, New York
New York SBA 7A Banks