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January 22, 2025 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Albany, Business Loans > New York Business Devel Corp Albany Business Loans > Caterers Loan | ||||
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Glen Cove, New York Bank Loan
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Where to Get Capital for CaterersLooking for SBA loans for caterers? Try the SBA. This $523,500 caterers loan was issued by a New York bank. Getting a small business loan in Glen Cove, New York was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from New York Business Devel Corp, operating out of Albany, New York. Here are the details on this New York small business loan. SBA Loan Borrower COMPANY TYPE: CATERERS SBA Loan Lender NEW YORK BUSINESS DEVEL CORP This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722320 - Caterers Loan Approval Date 3/7/2001 Loan Approval Gross Amount $523,500 Loan Approval from the SBA Of the total $523,500 loan amount, the SBA guaranteed $392,625. 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 42 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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 New York Business Devel Corp 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: Small Bank Loans in Albany, New York Where to Get an SBA Loan New York
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