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December 19, 2024  
 
 
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SBA Lender Rochester New York

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Frozen Cakes, Pies, and Pastries Manufacturing

Looking 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
ROCHESTER, NY 14605

SBA Loan Lender

CANANDAIGUA NATIONAL BANK & TRUST
18 STATE ST
PITTSFORD, NY 14534

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