Buffalo, New York Bank Gives SBA Loan to Bare Printed Circuit Board Manufacturing Company

Get to know Buffalo, New York banks that specialize in small business loans and know how to work with entrepreneurs. First Niagara Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Orchard Park, New York starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from First Niagara Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: BARE PRINTED CIRCUIT BOARD MANUFACTURING
ORCHARD PARK, NY 14127

SBA Loan Lender

FIRST NIAGARA BANK
2421 MAIN ST
BUFFALO, NY 14214

This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

334412 - Bare Printed Circuit Board Manufacturing

Loan Approval Date

3/7/2007

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

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 10 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and 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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First Niagara Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

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