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December 20, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Lockport, Business Loans > First Niagara Bank Lockport Business Loans > Lawyers Loan | ||||
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Advice for Business Owners On Getting a Loan
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Lawyers Small Business LoansLooking for small business loans for lawyers? An SBA loan may be just what you've been looking for. This $50,000 lawyers loan was issued by a New York bank. This company knew how to go about getting a business bank loan. Based in Fairport, New York, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was First Niagara Bank, based in Lockport, New York. SBA Loan Borrower COMPANY TYPE: LAWYERS SBA Loan Lender FIRST NIAGARA BANK The lender provided this commercial 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 541110 - Lawyers Loan Approval Date 12/11/2007 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 9 employees. The SBA loan application for the borrower indicated that the loan would help retain 9 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. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from First Niagara Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 Participating Banks in Lockport, New York Where to Get an SBA Loan New York
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