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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 > Retail Stores Loan | ||||
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SBA Lenders That Lend to New York Small Business Owners
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Ithaca, New York Entrepreneur Gets a Business LoanNew YorkBank loans are available to New York firms through the SBA. In this case, a New York bank provides the loan. You can learn something about getting a small business loan in Ithaca, New York by studying this loan to a local company, made back in 2000. Banks like Tompkins Trust Company may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: RETAIL STORES SBA Loan Lender TOMPKINS TRUST COMPANY This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5999 - Retail Stores Loan Approval Date 8/24/2000 Loan Approval Gross Amount $97,400 Loan Approval from the SBA Of the total $97,400 loan amount, the SBA guaranteed $77,920. 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 SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Ithaca or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA 7A Lenders in Ithaca, New York Getting an SBA Loan in New York
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