Raising Money for Household Furniture Manufacturing
Looking for business loans for household furniture manufacturing? Try the SBA. This $17,000 household furniture manufacturing loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Elma (census Name Elma Center), New York was able to borrow $17,000 from Hsbc Bank Usa. The SBA made the loan possible by guaranteeing $8,500 of this New York small business loan.
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
The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
$17,000
Loan Approval from the SBA
Of the total $17,000 loan amount, the SBA guaranteed $8,500.
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.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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.
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