New York Business Loan Issued to Support Activities For Oil And Gas Operations Company
Looking to get a New York small business loan? This New York entrepreneur got a small business loan, provided by a California bank that works with the SBA to help small business owners.
Getting a small business loan in Scottsville, New York was a top priority for this small company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Bank Of The West. Here are the details on this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: SUPPORT ACTIVITIES FOR OIL AND GAS OPERATIONS
SCOTTSVILLE, NY 14546
SBA Loan Lender
BANK OF THE WEST
180 MONTGOMERY ST
SAN FRANCISCO, CA 94104
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
213112 - Support Activities for Oil and Gas Operations
Loan Approval Date
10/18/2002
Loan Approval Gross Amount
$730,000
Loan Approval from the SBA
Of the total $730,000 loan amount, the SBA guaranteed $547,500.
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 100 employees. This SBA loan request indicated that the loan would help retain 100 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
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.
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