Hannibal, New York Entrepreneur Gets a Business Loan
New YorkBank loans are available to New York firms through the SBA. In this case, a New York bank provides the loan.
You can learn something about getting a small business loan in Hannibal, New York by studying this loan to a local company, made back in 2000. Banks like Pathfinder Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: EXCAVATION WORK
HANNIBAL, NY 13074
SBA Loan Lender
PATHFINDER BANK
214 W 1ST ST
OSWEGO, NY 13126
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1794 - Excavation Work
NAICS Code
235930 - Excavation Contractors
Loan Approval Date
5/25/2000
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $112,500.
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 10 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
The Friends and Family Network
Small Bank Loans in Oswego, New York
SBA New York Lenders