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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 > Wood Partitions And Fixtures Loan | ||||
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We Needed an SBA 7A Loan in Cortland, New York and We Got One!
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How to Get a Loan for Showcase, Partition, Shelving, and Locker ManufacturingLooking for business loans for showcase, partition, shelving, and locker manufacturing? The SBA may be the answer. This $463,000 showcase, partition, shelving, and locker manufacturing loan was issued by a New York bank. This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with New York Business Devel Corp, out of Albany, New York. The loan was granted and they received $463,000 to help grow their Cortland, New York business. SBA Loan Borrower COMPANY TYPE: WOOD PARTITIONS AND FIXTURES SBA Loan Lender NEW YORK BUSINESS DEVEL CORP The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2541 - Wood Partitions and Fixtures NAICS Code 337215 - Showcase, Partition, Shelving, and Locker Manufacturing Loan Approval Date 7/16/2001 Loan Approval Gross Amount $463,000 Loan Approval from the SBA Of the total $463,000 loan amount, the SBA guaranteed $347,250. More Information on This SBA Loan The borrower borrowed this money for an existing 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 30 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. 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 $463,000 loan. Remember, where there is a will, there is a way! 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 Participating Banks in Albany, New York
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