 |
 |
November 15, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > New York Business Loan Sources > Oneida, Business Loans > The Oneida Savings Bank Oneida Business Loans > Full-Service Restaurants Loan | ||||
 |
||||
The Oneida Savings Bank
|
||||
 |
The Oneida Savings Bank SBA Loan to Full-Service Restaurants CompanyThe Oneida Savings Bank has a track record as a leading provider of SBA loans. Find out how this New York entrepreneur received an SBA loan from them. Getting a small business loan in Georgetown, New York was an essential business goal for this firm back in 2008 and, based on their loan application, they were successful in getting an SBA loan from The Oneida Savings Bank, operating out of Oneida, New York. Here are the details on this New York small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender THE ONEIDA SAVINGS BANK This lender processed this SBA small business 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 722110 - Full-Service Restaurants Loan Approval Date 1/11/2008 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. More Information on This SBA Loan The borrower borrowed this money for a new 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 11 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 1 existing job. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. 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 $35,000 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: SBA Approved Banks in Oneida, New York Getting a Business Loan in New York
|
|
||
|
||||
|
|
||||