Croton Falls, New York Entrepreneur Gets a Bank Loan
New YorkSmall business loans are available to New York small business owners through the SBA. In this case, a Nevada bank provides the loan.
Getting a small business loan in Croton Falls, New York was a top priority for this small company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Washington Mutual Bank. Here are the details on this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: NAIL SALONS
CROTON FALLS, NY 10520
SBA Loan Lender
WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014
This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
812113 - Nail Salons
Loan Approval Date
2/6/2007
Loan Approval Gross Amount
$48,000
Loan Approval from the SBA
Of the total $48,000 loan amount, the SBA guaranteed $24,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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 Washington Mutual Bank 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.
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