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November 15, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Warwick, Business Loans > Home Loan Invest Bank F.S.B. Warwick Business Loans > Painting And Wall Covering Loan | ||||
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Home Loan Invest Bank F.S.B.
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Deer Park, New York Business Gets SBA-Guaranteed Funding from Home Loan Invest Bank F.S.B.Home Loan Invest Bank F.S.B. is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one New York entrepreneur who tapped into the power of SBA loans. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Deer Park, New York was able to borrow $800,000 from Home Loan Invest Bank F.S.B.. The SBA made the loan possible by guaranteeing $600,000 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: PAINTING AND WALL COVERING SBA Loan Lender HOME LOAN INVEST BANK F.S.B. This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235210 - Painting and Wall Covering Loan Approval Date 6/4/2003 Loan Approval Gross Amount $800,000 Loan Approval from the SBA Of the total $800,000 loan amount, the SBA guaranteed $600,000. 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 25 employees. The SBA loan documents indicated that the loan would help retain 25 existing jobs. Next Steps for Getting an SBA Loan If you have been wondering how do i get money to start a business in Deer Park NY, you ought to talk with a local Deer Park SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Deer Park businesses. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? 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: Banks in Warwick, Rhode Island
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