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

New York, New York Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Flushing Savings Bank, Fsb Provides SBA Loan to Buy Taco Bell Franchise

Need money to invest in a Taco Bell franchise? Flushing Savings Bank, Fsb has a history of making these loans and they are guaranteed by the SBA.

Taco Bell franchise loans are available to New York, New York entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Flushing Savings Bank, Fsb, based in New York City, New York, issued an SBA franchise loan for a Taco Bell franchise in 2002. We've got all the details on this New York small business loan.

SBA Loan Borrower

SING'S FOOD CORP
NEW YORK, NY 10035

SBA Loan Lender

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

This lender provides SBA commercial 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

445299 - Specialty Food Stores

Loan Approval Date

9/17/2002

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Taco Bell franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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:

Taco Bell Corporation

Direct Public Offerings

Best Banks for Small Business in New York City, New York

New York SBA 7A Lenders