SBA Loans for Business Support Services

Looking for SBA loans for business support services? Talk to a banker who works with the SBA. This $75,000 business support services loan was issued by a New York bank.

This small business knew how to go about getting a business bank loan. Based in Brooklyn (borough Of New York), New York, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Carver Federal Savings Bank, based in New York City, New York.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICES
BROOKLYN (BOROUGH OF NEW YORK), NY 11215

SBA Loan Lender

CARVER FEDERAL SAVINGS BANK
111 LIVINGSTON ST
NEW YORK CITY, NY 11201

This lender processed this loan for a small business 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.

SIC Code

7389 - Business Services

NAICS Code

561499 - Business Support Services

Loan Approval Date

10/5/2000

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

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 150 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 150 existing jobs.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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.

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