Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

How Do We Get a Business Loan in Syracuse, New York?

 

 
Loan Census SBA Loan Info

Jewelry Stores Commercial Loans

Looking for commercial loans for jewelry stores? The SBA may be the answer. This $15,000 jewelry stores loan was issued by a New York bank.

This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Alliance Bank, out of Syracuse, New York. The loan was granted and they received $15,000 to help grow their Syracuse, New York business.

SBA Loan Borrower

COMPANY TYPE: JEWELRY STORES
SYRACUSE, NY 13202

SBA Loan Lender

ALLIANCE BANK
120 MADISON ST, AXA TOWER LL,
SYRACUSE, NY 13202

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

5944 - Jewelry Stores

NAICS Code

448310 - Jewelry Stores

Loan Approval Date

10/4/2000

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

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 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Business Line of Credit

SBA Banks in Syracuse, New York

Where to Get an SBA Loan New York