Tire Retreading SBA Loans

Looking for SBA loans for tire retreading? Talk to a banker who works with the SBA. This $75,000 tire retreading loan was issued by a New York bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Parish, New York was able to borrow $75,000 from Manufacturers & Traders Trust. The SBA made the loan possible by guaranteeing $37,500 of this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: TIRE RETREADING
Parish, NY 13131

SBA Loan Lender

MANUFACTURERS & TRADERS TRUST
ONE M & T PLAZA
BUFFALO, NY 14203

This lender processed this SBA loan 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

326212 - Tire Retreading

Loan Approval Date

8/23/2006

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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

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

If you are raising money in Parish NY, you ought to talk with a local Parish SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Parish businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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 Borrow Money

SBA Approved Banks in Buffalo, New York

New York SBA Banks