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November 22, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Amherst, Business Loans > Manufacturers & Traders Trust Amherst Business Loans > Health And Allied Services Loan | ||||
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New York Bank SBA Loans
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Manufacturers & Traders Trust SBA Loan to Health And Allied Services CompanyLooking to get a New York small business loan? Here's one New York business loan that was approved by the SBA. This small business needed an SBA business loan in Lackawanna, New York back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Manufacturers & Traders Trust, operating out of Amherst, New York. Here are the details on this New York small business loan. SBA Loan Borrower COMPANY TYPE: HEALTH AND ALLIED SERVICES SBA Loan Lender MANUFACTURERS & TRADERS TRUST The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8099 - Health and Allied Services Loan Approval Date 6/8/2000 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $64,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. The SBA loan documents did not indicate that the company planned to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you have been wondering how do i get money to start a business in Lackawanna NY, you ought to talk with a local Lackawanna SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lackawanna businesses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Manufacturers & Traders Trust and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Microlending as a Small Business Funding Source SBA 7A Banks in Amherst, New York
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