Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Examples of New York SBA Loans

 

 
Loan Census SBA Loan Info

Book Stores Business Loans

Looking for business loans for book stores? Talk to a banker who works with the SBA. This $400,000 book stores loan was issued by a New York bank.

Getting a small business loan in New York, New York was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Grow America Fund Inc, operating out of New York, New York. Here are the details on this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: BOOK STORES
NEW YORK, NY 10019

SBA Loan Lender

GROW AMERICA FUND INC
708 THIRD AVENUE, SUITE 710
NEW YORK, NY 10017

This lender provides SBA small business 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

451211 - Book Stores

Loan Approval Date

10/18/2001

Loan Approval Gross Amount

$400,000

Loan Approval from the SBA

Of the total $400,000 loan amount, the SBA guaranteed $300,000.

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 18 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 18 existing jobs.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in New York or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Startup Funding Tip

Small Bank Loans in New York, New York

SBA New York Banks