Loan Census Banking News and Information
December 24, 2024  
 
 
  Business Loan Information  
 

SBA Lender Walton

 

 
Loan Census SBA Loan Info

Walton, New York Bank Gives SBA Loan to Hotels And Motels Company

Get SBA loans from a Walton, New York bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

National Bank - Delaware County Wal is a Walton, New York small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a New York company.

SBA Loan Borrower

COMPANY TYPE: HOTELS AND MOTELS
STAMFORD, NY 12167

SBA Loan Lender

NATIONAL BANK - DELAWARE COUNTY WAL
131-133 DELAWARE ST
WALTON, NY 13856

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7011 - Hotels and Motels

NAICS Code

721110 - Hotels and Motels

Loan Approval Date

4/23/2001

Loan Approval Gross Amount

$400,000

Loan Approval from the SBA

Of the total $400,000 loan amount, the SBA guaranteed $300,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from National Bank - Delaware County Wal so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Startup Funding Tip

Best Banks in Walton, New York

SBA Participating Banks in New York