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November 15, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Ithaca, Business Loans > Tompkins Trust Company Ithaca Business Loans > Medical Laboratories Loan | ||||
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Tompkins Trust Company Ithaca
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Business Loan from Tompkins Trust Company Given to Medical Laboratories CompanyTompkins 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 SBA Loan Lender TOMPKINS TRUST COMPANY 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. Related Links: Family and Friend Investors - Your First Financiers Good Banks for Small Business in Ithaca, New York
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