Where to Get Capital for Plumbing, Heating, and Air-Conditioning Contractors
Looking for small business loans for plumbing, heating, and air-conditioning contractors? Try the SBA. This $15,000 plumbing, heating, and air-conditioning contractors loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in East Syracuse, New York was able to borrow $15,000 from Alliance Bank. The SBA made the loan possible by guaranteeing $7,500 of this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
EAST SYRACUSE, NY 13057
SBA Loan Lender
ALLIANCE BANK
120 MADISON ST, AXA TOWER LL,
SYRACUSE, NY 13202
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
238220 - Plumbing, Heating, and Air-Conditioning Contractors
Loan Approval Date
9/20/2006
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
If you have been wondering how do i get money to start a business in East Syracuse NY, you ought to talk with a local East Syracuse SBA lender or talk with an out-of-area SBA lender that has previously loaned money to East Syracuse businesses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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
Good Banks for Small Business in Syracuse, New York
New York SBA 7A Lenders