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December 22, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > New York, Business Loans > Newtek Small Business Finance Inc. New York Business Loans > Commercial And Industrial Electric Lighting Fixture Manufacturing Loan | ||||
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SBA Lender New York, New York
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New York, New York Bank Gives SBA Loan to Commercial And Industrial Electric Lighting Fixture Manufacturing CompanyThinking about meeting with a New York, New York bank about a business loan? Here's one South Carolina business loan, issued by a New York bank, that was approved by the SBA. Applying for an SBA loan with Newtek Small Business Finance Inc. worked out well for our friends at one local firm in Charleston, South Carolina. The business was able to get an SBA loan for $420,000. Nice! SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND INDUSTRIAL ELECTRIC LIGHTING FIXTURE MANUFACTURING SBA Loan Lender NEWTEK SMALL BUSINESS FINANCE INC. This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 335122 - Commercial and Industrial Electric Lighting Fixture Manufacturing Loan Approval Date 9/22/2006 Loan Approval Gross Amount $420,000 Loan Approval from the SBA Of the total $420,000 loan amount, the SBA guaranteed $315,000. 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 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Newtek Small Business Finance Inc. and they will explain how you can get an SBA loan for your company. 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: Accountant's Role in Securing Financing Getting an SBA Loan in New York
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