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December 24, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Warsaw, Business Loans > Five Star Bank Warsaw Business Loans > Farm Labor Contractors And Crew Leaders Loan | ||||
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Gainesville Small Business Loans from Five Star Bank
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SBA Loan from Five Star Bank Helps Farm Labor Contractors And Crew Leaders CompanyAn SBA loan from Five Star Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Gainesville, New York business owner got a $97,000 loan. This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Five Star Bank, out of Warsaw, New York. The loan was granted and they received $97,000 to help grow their Gainesville, New York business. SBA Loan Borrower COMPANY TYPE: FARM LABOR CONTRACTORS AND CREW LEADERS SBA Loan Lender FIVE STAR BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0761 - Farm Labor Contractors and Crew Leaders NAICS Code 115115 - Farm Labor Contractors and Crew Leaders Loan Approval Date 5/17/2000 Loan Approval Gross Amount $97,000 Loan Approval from the SBA Of the total $97,000 loan amount, the SBA guaranteed $77,600. 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 2 employees. This SBA loan request did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan If you need business start up money in Gainesville NY, you ought to talk with a local Gainesville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gainesville businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $97,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Find an SBA Lender in Warsaw, New York
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