Financing for Temporary Help Services
With these commercial loans for temporary help services, the SBA guarantees the lender that the loan will be repaid. This temporary help services loan for $15,500 was given to a New York entrepreneur in 2003.
This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Amer Express Centurion Bk, out of Salt Lake City, Utah. The loan was granted and they received $15,500 to help grow their Nyack, New York business.
SBA Loan Borrower
COMPANY TYPE: TEMPORARY HELP SERVICES
NYACK, NY 10960
SBA Loan Lender
AMER EXPRESS CENTURION BK
4315 S 2700 WEST, MC 01-04
SALT LAKE CITY, UT 84184
The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
561320 - Temporary Help Services
Loan Approval Date
10/8/2003
Loan Approval Gross Amount
$15,500
Loan Approval from the SBA
Of the total $15,500 loan amount, the SBA guaranteed $7,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 3 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 3 existing jobs.
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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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