Le Roy, New York Lender Lends Money to Solid Waste Collection Company

Want to talk with a Le Roy, New York bank about a small business loan? Here's one New York business loan, issued by a Le Roy bank, that was approved by the SBA.

Applying for an SBA loan with Five Star Bank worked out well for our friends at one local firm in Pavilion, New York. They got an SBA loan for $51,000. Nice!

SBA Loan Borrower

COMPANY TYPE: SOLID WASTE COLLECTION
PAVILION, NY 14525

SBA Loan Lender

FIVE STAR BANK
124 W MAIN ST
LE ROY, NY 14482

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

562111 - Solid Waste Collection

Loan Approval Date

12/11/2000

Loan Approval Gross Amount

$51,000

Loan Approval from the SBA

Of the total $51,000 loan amount, the SBA guaranteed $38,250.

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 23 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Five Star Bank and they will explain how you can get an SBA loan for your company.

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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