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November 15, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Pittsford, Business Loans > Canandaigua National Bank & Trust Pittsford Business Loans > Frozen Cakes, Pies, And Pastries Manufacturing Loan | ||||
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SBA Lender Rochester New York
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Getting an SBA Loan for Frozen Cakes, Pies, and Pastries ManufacturingLooking for business loans for frozen cakes, pies, and pastries manufacturing? Try the SBA. This $25,000 frozen cakes, pies, and pastries manufacturing loan was issued by a New York bank. This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Canandaigua National Bank & Trust, out of Pittsford, New York. The loan was granted and they received $25,000 to help grow their Rochester, New York business. SBA Loan Borrower COMPANY TYPE: FROZEN CAKES, PIES, AND PASTRIES MANUFACTURING SBA Loan Lender CANANDAIGUA NATIONAL BANK & TRUST The lender provided this 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 311813 - Frozen Cakes, Pies, and Pastries Manufacturing Loan Approval Date 8/22/2007 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $25,000 loan. Remember, fight for what you want, and it will be yours! 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: Role of Business Plan When Raising Money Where to Get an SBA Loan in Pittsford, New York SBA Participating Banks in New York
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