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November 14, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > New York City, Business Loans > Carver Federal Savings Bank New York City Business Loans > Fish And Seafood Wholesalers Loan | ||||
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New York, New York Bank Loan
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New York Bank Loan Issued to Fish And Seafood Wholesalers CompanyNew YorkBusiness loans are available to New York business owners through the SBA. In this case, a New York bank provides the loan. Getting a small business loan in New York, New York was a top priority for this SBA-financed company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Carver Federal Savings Bank. Here are the details on this New York small business loan. SBA Loan Borrower COMPANY TYPE: FISH AND SEAFOOD WHOLESALERS SBA Loan Lender CARVER FEDERAL SAVINGS BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 422460 - Fish and Seafood Wholesalers Loan Approval Date 5/13/2002 Loan Approval Gross Amount $665,000 Loan Approval from the SBA Of the total $665,000 loan amount, the SBA guaranteed $498,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 10 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This SBA loan was for $665,000. How would you spend $665,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: SBA Approved Banks in New York City, New York
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