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November 15, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Syracuse, Business Loans > Hsbc Bank Usa Syracuse Business Loans > Sawmill And Woodworking Machinery Manufacturing Loan | ||||
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SBA Lenders New York
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Syracuse, New York Bank Lends Money to Sawmill And Woodworking Machinery Manufacturing Company in Farmingville, New YorkA Syracuse, New York SBA loan can be yours. Learn how a business got a $75,000 business loan from this New York bank. This loan to an entrepreneur is a good example of an SBA loan. Hsbc Bank Usa made the loan and the SBA guaranteed a portion of the loan. Many other New York entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: SAWMILL AND WOODWORKING MACHINERY MANUFACTURING SBA Loan Lender HSBC BANK USA This lender processed this 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 333210 - Sawmill and Woodworking Machinery Manufacturing Loan Approval Date 7/9/2004 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. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! If you have been wondering how do i get money to start a business in Farmingville NY, you ought to talk with a local Farmingville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Farmingville businesses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Hsbc Bank Usa and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Advice on Getting a Small Business Loan Best Banks for Small Business in Syracuse, New York
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