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December 19, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Rochester, Business Loans > Citibank Rochester Business Loans > Locksmiths Loan | ||||
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Banks Doing SBA Loans in New York
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Rochester, New York Bank Lends Money to Locksmiths Company in Ellicott (p.O.), New YorkGet small business loans from a Rochester, New York bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Citibank is a Rochester, New York small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a New York company. SBA Loan Borrower COMPANY TYPE: LOCKSMITHS SBA Loan Lender CITIBANK 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 561622 - Locksmiths Loan Approval Date 4/19/2001 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Citibank and they will explain how you can get an SBA loan for your company. 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 Banks in Rochester, New York SBA Participating Banks in New York
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