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December 25, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Cortland, Business Loans > Alliance Bank Cortland Business Loans > Bottled And Canned Soft Drinks Loan | ||||
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Cortland, New York SBA Lenders
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Entrepreneur Works With Cortland, New York Bank to Get an SBA LoanWant to talk with a Cortland, New York bank about a small business loan? Here's one New York business loan, issued by a Cortland bank, that was approved by the SBA. Applying for an SBA loan with Alliance Bank worked out well for our friends at one local firm in E. Syracuse, New York. The business was able to get an SBA loan for $60,000. Nice! SBA Loan Borrower COMPANY TYPE: BOTTLED AND CANNED SOFT DRINKS SBA Loan Lender ALLIANCE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2086 - Bottled and Canned Soft Drinks NAICS Code 312112 - Bottled Water Manufacturing Loan Approval Date 3/7/2001 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $45,000. 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 12 employees. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Alliance Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: SBA 7A Banks in Cortland, New York
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