Loans for Roofing, Siding, and Sheet Metal Contractors

Looking for loans for roofing, siding, and sheet metal contractors? Try the SBA. This $64,800 roofing, siding, and sheet metal contractors loan was issued by a New York bank.

This company knew how to go about getting a business bank loan. Based in Homer, New York, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was First Niagara Bank, based in Cortland, New York.

SBA Loan Borrower

COMPANY TYPE: BUILDING EQUIPMENT INSTALLATION
HOMER, NY 13077

SBA Loan Lender

FIRST NIAGARA BANK
1 N MAIN ST
CORTLAND, NY 13045

This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1796 - Building Equipment Installation

NAICS Code

235610 - Roofing, Siding, and Sheet Metal Contractors

Loan Approval Date

11/9/2000

Loan Approval Gross Amount

$64,800

Loan Approval from the SBA

Of the total $64,800 loan amount, the SBA guaranteed $51,840.

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 6 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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:

Obtaining Funding - Friends and Family

SBA Banks in Cortland, New York

Getting a Business Loan in New York