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December 22, 2024  
 
 
  Business Loan Information  
 

Raising Money in Plainview, New York With SBA Loans

 

 
Loan Census SBA Loan Info

Business Loans for Service Establishment Equipment and Supplies Wholesalers

Looking for business loans for service establishment equipment and supplies wholesalers? Try the SBA. This $450,000 service establishment equipment and supplies wholesalers loan was issued by a New York bank.

This small business knew how to go about getting a business bank loan. Based in Plainview, New York, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Flushing Savings Bank, Fsb, based in New York City, New York.

SBA Loan Borrower

COMPANY TYPE: SERVICE ESTABLISHMENT EQUIPMENT AND SUPPLIES WHOLESALERS
PLAINVIEW, NY 11803

SBA Loan Lender

FLUSHING SAVINGS BANK, FSB
1979 MARCUS AVE, STE E140
NEW YORK CITY, NY 11042

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

421850 - Service Establishment Equipment and Supplies Wholesalers

Loan Approval Date

2/21/2002

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

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 4 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 5 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Plainview NY, you ought to talk with a local Plainview SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Plainview businesses.

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.

Related Links:

Obtaining Funding - How to Decide How Much to Raise

SBA 7A Banks in New York City, New York

SBA Lenders in New York