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December 19, 2024  
 
 
  Business Loan Information  
 

Tompkins Trust Company Ithaca

 

 
Loan Census SBA Loan Info

Business Loan from Tompkins Trust Company Given to Medical Laboratories Company

Tompkins Trust Company has a track record as a leading provider of SBA loans. Find out how this New York entrepreneur received an SBA loan from them.

This growing company knew how to go about getting a business bank loan. Based in Ithaca, New York, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Tompkins Trust Company, based in Ithaca, New York.

SBA Loan Borrower

COMPANY TYPE: MEDICAL LABORATORIES
ITHACA, NY 14850

SBA Loan Lender

TOMPKINS TRUST COMPANY
110 N TIOGA ST, THE COMMONS
ITHACA, NY 14850

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8071 - Medical Laboratories

Loan Approval Date

8/21/2000

Loan Approval Gross Amount

$49,700

Loan Approval from the SBA

Of the total $49,700 loan amount, the SBA guaranteed $39,760.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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.

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