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November 22, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Syracuse, Business Loans > Hsbc Bank Usa Syracuse Business Loans > Service Establishment Equipment And Supplies Wholesalers Loan | ||||
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What Does It Take to Get a Business Loan in Port Jefferson, New York?
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Bank Loans for Service Establishment Equipment and Supplies WholesalersLooking for bank loans for service establishment equipment and supplies wholesalers? An SBA loan may be just what you've been looking for. This $75,000 service establishment equipment and supplies wholesalers loan was issued by a New York bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Port Jefferson, New York was able to borrow $75,000 from Hsbc Bank Usa. The SBA made the loan possible by guaranteeing $37,500 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: SERVICE ESTABLISHMENT EQUIPMENT AND SUPPLIES WHOLESALERS SBA Loan Lender HSBC BANK USA The lender provided this bank loan 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 421850 - Service Establishment Equipment and Supplies Wholesalers Loan Approval Date 6/16/2003 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 an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. 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: Realistic Debt Financing Options SBA Approved Banks in Syracuse, New York
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