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November 14, 2024  
 
 
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Examples of Medford SBA Loans

 

 
Loan Census SBA Loan Info

Commercial Loans for Sewage Treatment Facilities

Looking for commercial loans for sewage treatment facilities? Talk to a banker who works with the SBA. This $35,000 sewage treatment facilities loan was issued by a New York bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Medford, New York was able to borrow $35,000 from Citibank. The SBA made the loan possible by guaranteeing $17,500 of this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: SEWERAGE SYSTEMS
MEDFORD, NY 11763

SBA Loan Lender

CITIBANK
120 BROADWAY
NEW YORK CITY, NY 10271

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

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

SIC Code

4952 - Sewerage Systems

NAICS Code

221320 - Sewage Treatment Facilities

Loan Approval Date

8/22/2000

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

Related Links:

Advice on Getting a Small Business Loan

SBA 7A Banks in New York City, New York

Browse All Business Loan Sources for New York