Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in Clayton, New York and We Got One!

 

 
Loan Census SBA Loan Info

Business Loans for Scenic and Sightseeing Transportation, Water

Looking for business loans for scenic and sightseeing transportation, water? Talk to a banker who works with the SBA. This $30,000 scenic and sightseeing transportation, water loan was issued by a New York bank.

This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Community Bank, out of Canton, New York. The loan was granted and they received $30,000 to help grow their Clayton, New York business.

SBA Loan Borrower

COMPANY TYPE: SCENIC AND SIGHTSEEING TRANSPORTATION, WATER
CLAYTON, NY 13624

SBA Loan Lender

COMMUNITY BANK
45-49 COURT ST
CANTON, NY 13617

This lender processed this 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

487210 - Scenic and Sightseeing Transportation, Water

Loan Approval Date

3/30/2007

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

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 6 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

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

We can help you find the best banks for small businesses in Clayton 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.

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