Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Rochester Bank Loan

 

 
Loan Census SBA Loan Info

Rochester, New York Lender Lends Money to Graphic Design Services Company

Want to talk with a Rochester, New York bank about a business loan? Here's one New York business loan, issued by a Rochester bank, that was approved by the SBA.

Applying for an SBA loan with Genesee Regional Bank worked out well for our friends at one local company in Fairport, New York. They got an SBA loan for $75,000. Great job!

SBA Loan Borrower

COMPANY TYPE: GRAPHIC DESIGN SERVICES
FAIRPORT, NY 14450

SBA Loan Lender

GENESEE REGIONAL BANK
3380 MONROE AVE
ROCHESTER, NY 14618

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

541430 - Graphic Design Services

Loan Approval Date

10/4/2006

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

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:

Strategic Investors

Banks in Rochester, New York

Getting an SBA Loan in New York