Loan Census Banking News and Information
November 23, 2024  
 
 
  Business Loan Information  
 

How Can I Buy a Franchise in Greenwich, New York?

 

 
Loan Census SBA Loan Info

Loan to Buy Metal Supermarkets Franchise Issued By Manufacturers & Traders Trust

Need money to purchase a Metal Supermarkets franchise? Manufacturers & Traders Trust has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Metal Supermarkets franchise? If so, here's a 2008 SBA franchise loan that you should know about. Manufacturers & Traders Trust was the lender and the entrepreneur was based in Greenwich, New York.

SBA Loan Borrower

W.F. ENTERPRISES, INC.
Greenwich, NY 12834

SBA Loan Lender

MANUFACTURERS & TRADERS TRUST
ONE M & T PLAZA
BUFFALO, NY 14203

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

332999 - Fabricated Metal Product Manufacturing

Loan Approval Date

1/2/2008

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Metal Supermarkets franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $250,000. How would you spend $250,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Metal Supermarkets International

Determining Proper Capital Structure for a Business

Best Buffalo, New York Banks for Small Business

New York SBA Bank Lenders