Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

New York SBA Lenders

 

 
Loan Census SBA Loan Info

Entrepreneur Works With New York City, New York Bank to Get an SBA Loan

Get to know New York City, New York banks that specialize in business loans and know how to work with entrepreneurs. Flushing Savings Bank, Fsb is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Rockville Centre, New York starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Flushing Savings Bank, Fsb. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: LAWYERS
ROCKVILLE CENTRE, NY 11570

SBA Loan Lender

FLUSHING SAVINGS BANK, FSB
1979 MARCUS AVE, STE E140
NEW YORK CITY, NY 11042

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

541110 - Lawyers

Loan Approval Date

10/18/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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. This SBA loan request indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Rockville Centre NY, you ought to talk with a local Rockville Centre SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rockville Centre businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Flushing Savings Bank, Fsb are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Angel Investors

Small Bank Loans in New York City, New York

New York SBA 7A Banks