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

Geneva, New York Bank Loan

 

 
Loan Census SBA Loan Info

Loans for Glass and Glazing Contractors

Looking for loans for glass and glazing contractors? Try the SBA. This $300,000 glass and glazing contractors loan was issued by a New York bank.

Getting a small business loan in Geneva, New York was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Five Star Bank, operating out of Geneva, New York. Here are the details on this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: GLASS AND GLAZING WORK
GENEVA, NY 14456

SBA Loan Lender

FIVE STAR BANK
2 SENECA ST
GENEVA, NY 14456

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1793 - Glass and Glazing Work

NAICS Code

235920 - Glass and Glazing Contractors

Loan Approval Date

1/12/2000

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 14 employees. The loan application did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Five Star Bank and they will explain how you can get an SBA loan for your company.

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

Find an SBA Lender in Geneva, New York

New York SBA 7A Banks