Valley National Bank SBA Loan to Telephone Communications Company
Searching for a New York business loan? Here's one New York business loan that was approved by the SBA.
This growing firm needed an SBA business loan in New York, New York back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Valley National Bank, operating out of New York City, New York. Here are the details on this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: TELEPHONE COMMUNICATIONS
NEW YORK, NY 10012
SBA Loan Lender
VALLEY NATIONAL BANK
275 MADISON AVE
NEW YORK CITY, NY 10016
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide 7A business loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
4813 - Telephone Communications
Loan Approval Date
9/28/2000
Loan Approval Gross Amount
$500,000
Loan Approval from the SBA
Of the total $500,000 loan amount, the SBA guaranteed $375,000.
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 20 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
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SBA loans provide money to small business owners for working capital for other expenses.
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.
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