Mount Kisco, New York Entrepreneur Gets a Small Business Loan

Would a New York business loan help your company expand? If so, you may want to talk with this New York bank, which offers SBA loans to New York entrepreneurs.

Getting a small business loan in Mount Kisco, New York was a top priority for this SBA-financed company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Flushing Savings Bank, Fsb. Here are the details on this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: COSMETICS, BEAUTY SUPPLIES, AND PERFUME STORES
MOUNT KISCO, NY 10550

SBA Loan Lender

FLUSHING SAVINGS BANK, FSB
33 IRVING PL
NEW YORK CITY, NY 10003

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446120 - Cosmetics, Beauty Supplies, and Perfume Stores

Loan Approval Date

8/18/2006

Loan Approval Gross Amount

$337,000

Loan Approval from the SBA

Of the total $337,000 loan amount, the SBA guaranteed $252,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 11 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 15 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start business in Mount Kisco NY, you ought to talk with a local Mount Kisco SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mount Kisco businesses.

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 $337,000 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.

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