Loan Census Banking News and Information
December 25, 2024  
 
 
  Business Loan Information  
 

Chittenango, New York Bank Loan

 

 
Loan Census SBA Loan Info

Florists SBA Loans

With these SBA loans for florists, the SBA guarantees the lender that the loan will be repaid. This florists loan for $200,000 was given to a New York entrepreneur in 2003.

This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with The Oneida Savings Bank, out of Chittenango, New York. The loan was granted and they received $200,000 to help grow their Chittenango, New York business.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
CHITTENANGO, NY 13037

SBA Loan Lender

THE ONEIDA SAVINGS BANK
101 FALLS BLVD
CHITTENANGO, NY 13037

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5992 - Florists

NAICS Code

453110 - Florists

Loan Approval Date

4/1/2003

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $200,000 loan. Remember, anyone can do it... so why not 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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