Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Small Businesses in New York

 

 
Loan Census SBA Loan Info

Firm Gets a New York SBA Loan

Searching for a New York small business loan? This New York entrepreneur got a small business loan, provided by a New York bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Tonawanda, New York by studying this loan to a local company, made back in 2000. Banks like Ups Capital Business Credit may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: DRUGS, DRUG PROPRIETARIES, AND DRUGGISTS' SUNDRIES
TONAWANDA, NY 14223

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
710 BAUSCH & LOMB PLACE
ROCHESTER, NY 14604

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5122 - Drugs, Drug Proprietaries, and Druggists' Sundries

NAICS Code

422210 - Drugs and Druggists' Sundries Wholesalers

Loan Approval Date

9/11/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

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 28 employees. This SBA loan request did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Ups Capital Business Credit 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:

Advice on Getting a Small Business Loan

SBA Participating Banks in Rochester, New York

Find an SBA Lender in New York