Grocery and Related Products Wholesalers Loans

Looking for loans for grocery and related products wholesalers? An SBA loan may be just what you've been looking for. This $102,553 grocery and related products wholesalers loan was issued by a New York bank.

This small firm knew how to go about getting a business bank loan. Based in Syracuse, New York, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was First Niagara Bank, based in Auburn, New York.

SBA Loan Borrower

COMPANY TYPE: GROCERIES AND RELATED PRODUCTS
SYRACUSE, NY 13208

SBA Loan Lender

FIRST NIAGARA BANK
115 GENESEE ST
AUBURN, NY 13021

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5149 - Groceries and Related Products

NAICS Code

422490 - Grocery and Related Products Wholesalers

Loan Approval Date

11/27/2000

Loan Approval Gross Amount

$102,553

Loan Approval from the SBA

Of the total $102,553 loan amount, the SBA guaranteed $76,914.

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 9 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This SBA loan was for $102,553. How would you spend $102,553 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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