Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Examples of Manhasset SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Commercial and Industrial Electric Lighting Fixture Manufacturing

Looking for SBA loans for commercial and industrial electric lighting fixture manufacturing? An SBA loan may be just what you've been looking for. This $25,000 commercial and industrial electric lighting fixture manufacturing loan was issued by a New York bank.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Citibank, out of New York City, New York. The loan was granted and they received $25,000 to help grow their Manhasset, New York business.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL AND INDUSTRIAL ELECTRIC LIGHTING FIXTURE MANUFACTURING
MANHASSET, NY 11030

SBA Loan Lender

CITIBANK
1 COURT SQ
NEW YORK CITY, NY 11120

This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

335122 - Commercial and Industrial Electric Lighting Fixture Manufacturing

Loan Approval Date

2/6/2004

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $25,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

How Equity Dilution Works

Where to Get an SBA Loan in New York City, New York

Where to Get an SBA Loan New York