Where to Get Capital for Household Furniture Manufacturing
Looking for SBA loans for household furniture manufacturing? Talk to a banker who works with the SBA. This $9,000 household furniture manufacturing loan was issued by a New York bank.
This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Hsbc Bank Usa, out of Syracuse, New York. The loan was granted and they received $9,000 to help grow their Elma (census Name Elma Center), New York business.
SBA Loan Borrower
COMPANY TYPE: HOUSEHOLD FURNITURE MANUFACTURING
ELMA (CENSUS NAME ELMA CENTER), NY 14059
SBA Loan Lender
HSBC BANK USA
360 S WARREN ST
SYRACUSE, NY 13202
This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
337125 - Household Furniture Manufacturing
Loan Approval Date
2/9/2005
Loan Approval Gross Amount
$9,000
Loan Approval from the SBA
Of the total $9,000 loan amount, the SBA guaranteed $4,500.
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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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
Where to Get an SBA Loan in Syracuse, New York
New York SBA 7A Lenders