Amherst, New York Bank Lends Money to Offices And Clinics Of Dentists Company in Johnson City, New York
Get small business loans from an Amherst, New York bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Manufacturers & Traders Trust is a Amherst, New York small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a New York company.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
JOHNSON CITY, NY 14228
SBA Loan Lender
MANUFACTURERS & TRADERS TRUST
4925 MAIN ST
AMHERST, NY 14226
This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with getting a loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8021 - Offices and Clinics of Dentists
NAICS Code
621210 - Dentists
Loan Approval Date
11/16/2001
Loan Approval Gross Amount
$81,000
Loan Approval from the SBA
Of the total $81,000 loan amount, the SBA guaranteed $68,850.
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 6 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Accountant's Role in Securing Financing
SBA Banks in Amherst, New York
New York SBA Bank Lenders