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December 22, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Albany, Business Loans > New York Business Devel Corp Albany Business Loans > Jewelry Manufacturing Loan | ||||
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SBA 7A Banks for Minetto Small Business Owners
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Where to Get Capital for Jewelry ManufacturingLooking for SBA loans for jewelry manufacturing? Try the SBA. This $125,000 jewelry manufacturing loan was issued by a New York bank. This business knew how to go about getting a business bank loan. Based in Minetto, New York, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was New York Business Devel Corp, based in Albany, New York. SBA Loan Borrower COMPANY TYPE: JEWELRY MANUFACTURING SBA Loan Lender NEW YORK BUSINESS DEVEL CORP This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 339911 - Jewelry Manufacturing Loan Approval Date 1/13/2006 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $106,250. 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 12 employees. This SBA loan request indicated that the loan would help generate 6 new jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Obtaining Funding - Getting Venture Capital Small Bank Loans in Albany, New York
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