Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Hilton, New York Bank Loan

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Voluntary Health Organizations

Looking for SBA loans for voluntary health organizations? An SBA loan may be just what you've been looking for. This $112,000 voluntary health organizations loan was issued by a New York bank.

This business knew how to go about getting a business bank loan. Based in Hilton, New York, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Hsbc Bank Usa, based in Syracuse, New York.

SBA Loan Borrower

COMPANY TYPE: VOLUNTARY HEALTH ORGANIZATIONS
HILTON, NY 14468

SBA Loan Lender

HSBC BANK USA
360 S WARREN ST
SYRACUSE, NY 13202

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

813212 - Voluntary Health Organizations

Loan Approval Date

5/7/2001

Loan Approval Gross Amount

$112,000

Loan Approval from the SBA

Of the total $112,000 loan amount, the SBA guaranteed $56,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 75 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 75 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Raising Venture Capital

Where to Get an SBA Loan in Syracuse, New York

Getting an SBA Loan in New York