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December 22, 2024  
 
 
  Business Loan Information  
 

SBA Lender New York New York

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Soap and Detergent Manufacturing

With these loans for soap and detergent manufacturing, the SBA guarantees the lender that the loan will be repaid. This soap and detergent manufacturing loan for $25,000 was given to a New York entrepreneur in 2001.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New York, New York was able to borrow $25,000 from Citibank. The SBA made the loan possible by guaranteeing $21,250 of this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: SOAP AND DETERGENT MANUFACTURING
NEW YORK, NY 10014

SBA Loan Lender

CITIBANK
120 BROADWAY
NEW YORK CITY, NY 10271

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

325611 - Soap and Detergent Manufacturing

Loan Approval Date

3/29/2001

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $21,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $25,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

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New York SBA Bank Lenders