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December 22, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Albany, Business Loans > New York Business Devel Corp Albany Business Loans > Commercial Printing Loan | ||||
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Banks for Cohoes, New York Businesses
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Small Business Loans for Commercial Flexographic PrintingLooking for small business loans for commercial flexographic printing? The SBA may be the answer. This $647,000 commercial flexographic printing loan was issued by a New York bank. This small firm knew how to go about getting a business bank loan. Based in Cohoes, New York, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was New York Business Devel Corp, based in Albany, New York. SBA Loan Borrower COMPANY TYPE: COMMERCIAL PRINTING SBA Loan Lender NEW YORK BUSINESS DEVEL CORP The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2759 - Commercial Printing NAICS Code 323112 - Commercial Flexographic Printing Loan Approval Date 1/24/2002 Loan Approval Gross Amount $647,000 Loan Approval from the SBA Of the total $647,000 loan amount, the SBA guaranteed $441,302. 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 55 employees. The loan application did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This company got an SBA loan. You can too! Maybe you need seed money for a small business? 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. Related Links: Role of Business Plan When Raising Money Small Bank Loans in Albany, New York
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