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December 22, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Albany, Business Loans > New York Business Devel Corp Albany Business Loans > Marinas Loan | ||||
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Business Loans for Saratoga Springs Small Business Owners
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Marinas LoansWith these loans for marinas, the SBA guarantees the lender that the loan will be repaid. This marinas loan for $55,000 was given to a New York entrepreneur in 2001. This company knew how to go about getting a business bank loan. Based in Saratoga Springs, New York, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was New York Business Devel Corp, based in Albany, New York. SBA Loan Borrower COMPANY TYPE: MARINAS SBA Loan Lender NEW YORK BUSINESS DEVEL CORP The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4493 - Marinas NAICS Code 713930 - Marinas Loan Approval Date 1/10/2001 Loan Approval Gross Amount $55,000 Loan Approval from the SBA Of the total $55,000 loan amount, the SBA guaranteed $46,750. 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 did not indicate that the company planned to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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: SBA 7A Banks in Albany, New York
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