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November 15, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Castile, Business Loans > The Bank Of Castile Castile Business Loans > Sawmills Loan | ||||
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How to Get SBA Loans in Hunt (rr Name Washington Hunt), New York
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Where to Get Capital for SawmillsLooking for small business loans for sawmills? Try the SBA. This $350,000 sawmills loan was issued by a New York bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hunt (rr Name Washington Hunt), New York was able to borrow $350,000 from The Bank Of Castile. The SBA made the loan possible by guaranteeing $175,000 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: SAWMILLS SBA Loan Lender THE BANK OF CASTILE 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 321113 - Sawmills Loan Approval Date 4/28/2005 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $175,000. 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 29 employees. The SBA loan application for the borrower indicated that the loan would help retain 29 existing jobs. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. 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 Best Banks in Castile, New York Browse All Business Loan Sources for New York
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