Where to Get Capital for Boat Building
Looking for SBA loans for boat building? Try the SBA. This $800,000 boat building loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Delhi, Louisiana was able to borrow $800,000 from Newtek Small Business Finance Inc.. The SBA made the loan possible by guaranteeing $600,000 of this Louisiana small business loan.
SBA Loan Borrower
COMPANY TYPE: BOAT BUILDING
DELHI, LA 71232
SBA Loan Lender
NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
336612 - Boat Building
Loan Approval Date
10/29/2007
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 a new 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 only one employee. The SBA loan documents indicated that the loan would help retain 69 existing jobs.
Getting an SBA Loan For Your Business
If you are raising money in Delhi LA, you ought to talk with a local Delhi SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Delhi businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Business Incubators
SBA Participating Banks in New York, New York
SBA Lenders in New York