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December 20, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > South Portland, Business Loans > Keybank National Association South Portland Business Loans > Lumber And Other Building Materials Dealer Loan | ||||
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Get an SBA Loan in Central Square, New York
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Keybank National Association Gives Business Loan to Lumber And Other Building Materials Dealer CompanyNew YorkBusiness loans are available to New York business owners through the SBA. In this case, a Maine bank provides the loan. Getting a small business loan in Central Square, New York was a top priority for this SBA-financed company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Keybank National Association. Here are the details on this New York small business loan. SBA Loan Borrower COMPANY TYPE: LUMBER AND OTHER BUILDING MATERIALS DEALER SBA Loan Lender KEYBANK NATIONAL ASSOCIATION SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5211 - Lumber and Other Building Materials Dealer NAICS Code 421310 - Loan Approval Date 3/28/2000 Loan Approval Gross Amount $179,000 Loan Approval from the SBA Of the total $179,000 loan amount, the SBA guaranteed $134,250. More Information on This SBA Loan The borrower borrowed this money for a new 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 14 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Keybank National Association had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Keybank National Association made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: SBA Banks in South Portland, Maine
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