Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Best Banks in New York

 

 
Loan Census SBA Loan Info

Iron and Steel Mills Small Business Loans

Looking for small business loans for iron and steel mills? Try the SBA. This $10,000 iron and steel mills loan was issued by a New York bank.

This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Citibank, out of New York City, New York. The loan was granted and they received $10,000 to help grow their New York, New York business.

SBA Loan Borrower

COMPANY TYPE: IRON AND STEEL MILLS
NEW YORK, NY 11418

SBA Loan Lender

CITIBANK
1 COURT SQ
NEW YORK CITY, NY 11120

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

331111 - Iron and Steel Mills

Loan Approval Date

9/12/2003

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

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.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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 - Friends and Family

Where to Get an SBA Loan in New York City, New York

New York SBA 7A Lenders