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November 15, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > New York, Business Loans > Grow America Fund Inc New York Business Loans > Marine Cargo Handling Loan | ||||
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New York Bank SBA Loans
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Grow America Fund Inc SBA Loan to Marine Cargo Handling CompanyWant a Washington SBA loan? Here's one Washington business loan that was approved by the SBA. This local small business knew how to go about getting a business bank loan. Based in Tacoma, Washington, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Grow America Fund Inc, based in New York, New York. SBA Loan Borrower COMPANY TYPE: MARINE CARGO HANDLING SBA Loan Lender GROW AMERICA FUND INC The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide debt financing to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4491 - Marine Cargo Handling Loan Approval Date 3/22/2000 Loan Approval Gross Amount $888,000 Loan Approval from the SBA Of the total $888,000 loan amount, the SBA guaranteed $666,000. 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 20 employees. The loan application did not indicate that the business promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. 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: Best Banks in New York, New York Find an SBA Lender in New York
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