New York Business Loan Issued to Janitorial Services Company
Want a New York business loan? This New York entrepreneur got a business loan, provided by a Missouri bank that works with the SBA to help small business owners.
This company, based in Kenmore, New York, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Ge Cap. Small Business Finan Corp. We've got the inside scoop on this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: JANITORIAL SERVICES
KENMORE, NY 14217
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and a thorough understanding of SBA loan requirements.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561720 - Janitorial Services
Loan Approval Date
12/14/2000
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
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 120 employees. The SBA loan documents did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Ge Cap. Small Business Finan Corp are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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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