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November 21, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > New York, Business Loans > Newtek Small Business Finance Inc. New York Business Loans > Amusement And Recreation Industries Loan | ||||
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Banks Doing SBA Loans in New York
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New York, New York Bank Lends Money to Amusement And Recreation Industries Company in Eden Prarie, MinnesotaThinking about meeting with a New York, New York bank about an SBA loan? Here's one Minnesota business loan, issued by a New York bank, that was approved by the SBA. Applying for an SBA loan with Newtek Small Business Finance Inc. worked out well for our friends at one local company in Eden Prarie, Minnesota. The business was able to get an SBA loan for $296,000. Sweet! SBA Loan Borrower COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES SBA Loan Lender NEWTEK SMALL BUSINESS FINANCE INC. The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713990 - Amusement and Recreation Industries Loan Approval Date 10/5/2004 Loan Approval Gross Amount $296,000 Loan Approval from the SBA Of the total $296,000 loan amount, the SBA guaranteed $222,000. 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 14 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: SBA Approved Banks in New York, New York
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