Loan Census Banking News and Information
December 23, 2024  
 
 
  Business Loan Information  
 

Richmond Hill, New York Bank Loan

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Luggage and Leather Goods Stores

Looking for bank loans for luggage and leather goods stores? An SBA loan may be just what you've been looking for. This $93,000 luggage and leather goods stores loan was issued by a Rhode Island bank.

This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Bank Of America, out of Providence, Rhode Island. The loan was granted and they received $93,000 to help grow their Richmond Hill, New York business.

SBA Loan Borrower

COMPANY TYPE: LUGGAGE AND LEATHER GOODS STORES
RICHMOND HILL, NY 11418

SBA Loan Lender

BANK OF AMERICA
111 WESTMINSTER ST
PROVIDENCE, RI 02903

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

5948 - Luggage and Leather Goods Stores

NAICS Code

448320 - Luggage and Leather Goods Stores

Loan Approval Date

4/7/2000

Loan Approval Gross Amount

$93,000

Loan Approval from the SBA

Of the total $93,000 loan amount, the SBA guaranteed $46,500.

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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

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:

The Friends and Family Network

Banks in Providence, Rhode Island

Rhode Island SBA Banks