Commercial Loans for Fresh Fruit and Vegetable Merchant Wholesalers
With these commercial loans for fresh fruit and vegetable merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This fresh fruit and vegetable merchant wholesalers loan for $150,000 was given to a New York entrepreneur in 2006.
This business knew how to go about getting a business bank loan. Based in New York, New York, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Flushing Savings Bank, Fsb, based in New York City, New York.
SBA Loan Borrower
COMPANY TYPE: FRESH FRUIT AND VEGETABLE MERCHANT WHOLESALERS
NEW YORK, NY 10455
SBA Loan Lender
FLUSHING SAVINGS BANK, FSB
33 IRVING PL
NEW YORK CITY, NY 10003
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
424480 - Fresh Fruit and Vegetable Merchant Wholesalers
Loan Approval Date
10/3/2006
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 8 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 14 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We've showcased information on this loan to let you know that businesses like yours 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:
Business Credit Evaluation
Small Business Banks in New York City, New York
New York SBA 7A Banks