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November 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > New York City, Business Loans > Shinhan Bank America New York City Business Loans > Nondurable Goods Merchant Wholesalers Loan | ||||
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New York City, New York SBA 7A Banks
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New York City, New York Bank Gives SBA Loan to Nondurable Goods Merchant Wholesalers CompanyWant to talk with a New York City, New York bank about an SBA loan? Here's one California business loan, issued by a New York City bank, that was approved by the SBA. Applying for an SBA loan with Shinhan Bank America worked out well for our friends at one local firm in Los Angeles, California. They got an SBA loan for $350,000. Sweet! SBA Loan Borrower COMPANY TYPE: NONDURABLE GOODS MERCHANT WHOLESALERS SBA Loan Lender SHINHAN BANK AMERICA This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 424990 - Nondurable Goods Merchant Wholesalers Loan Approval Date 9/20/2007 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $262,500. 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 3 employees. The SBA loan application for the borrower indicated that the borrowed money would help generate 3 new jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Shinhan Bank America that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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 Participating Banks in New York City, New York
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