How to Get a Loan for Management Consulting Services
With these commercial loans for management consulting services, the SBA guarantees the lender that the loan will be repaid. This management consulting services loan for $125,000 was given to a New York entrepreneur in 2000.
Getting a small business loan in Holland, New York was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from The Bank Of Castile, operating out of Perry, New York. Here are the details on this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: BUSINESS CONSULTING SERVICES
HOLLAND, NY 14080
SBA Loan Lender
THE BANK OF CASTILE
133 N CENTER ST
PERRY, NY 14530
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8748 - Business Consulting Services
NAICS Code
541618 - Management Consulting Services
Loan Approval Date
7/31/2000
Loan Approval Gross Amount
$125,000
Loan Approval from the SBA
Of the total $125,000 loan amount, the SBA guaranteed $93,750.
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 8 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The Bank Of Castile are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
Realistic Debt Financing Options
Banks in Perry, New York
New York SBA Banks