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November 15, 2024  
 
 
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SBA 7A Banks for Hector Small Businesses

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Wineries

Looking for small business loans for wineries? An SBA loan may be just what you've been looking for. This $100,000 wineries loan was issued by a New York bank.

Getting a small business loan in Hector, New York was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Five Star Bank, operating out of Bath, New York. Here are the details on this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: WINES, BRANDY, AND BRANDY SPIRITS
HECTOR, NY 14841

SBA Loan Lender

FIVE STAR BANK
44 LIBERTY ST
BATH, NY 14810

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2084 - Wines, Brandy, and Brandy Spirits

NAICS Code

312130 - Wineries

Loan Approval Date

1/10/2001

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $75,000.

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 10 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Five Star Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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.

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