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December 22, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Oswego, Business Loans > Pathfinder Bank Oswego Business Loans > Family Clothing Stores Loan | ||||
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I Need an SBA 7A Loan in Oswego, New York
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Raising Money for Family Clothing StoresLooking for bank loans for family clothing stores? Try the SBA. This $85,000 family clothing stores loan was issued by a New York bank. This small firm knew how to go about getting a business bank loan. Based in Oswego, New York, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Pathfinder Bank, based in Oswego, New York. SBA Loan Borrower COMPANY TYPE: FAMILY CLOTHING STORES SBA Loan Lender PATHFINDER BANK This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5651 - Family Clothing Stores NAICS Code 448140 - Family Clothing Stores Loan Approval Date 6/14/2002 Loan Approval Gross Amount $85,000 Loan Approval from the SBA Of the total $85,000 loan amount, the SBA guaranteed $72,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $85,000 loan. Remember, fight for what you want, and it will be yours! 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: SBA 7A Banks for Oswego, New York Loans
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