Entrepreneur Works With Amherst, New York Bank to Get an SBA Loan
Thinking about meeting with an Amherst, New York bank about a business loan? Here's one New York business loan, issued by an Amherst bank, that was approved by the SBA.
Applying for an SBA loan with Manufacturers & Traders Trust worked out well for our friends at one local business in Tonawanda, New York. They received an SBA loan for $150,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: ENVIRONMENTAL CONSULTING SERVICES
TONAWANDA, NY 14150
SBA Loan Lender
MANUFACTURERS & TRADERS TRUST
4925 MAIN ST
AMHERST, NY 14226
This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
541620 - Environmental Consulting Services
Loan Approval Date
7/3/2001
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 25 employees. This SBA loan request indicated that the loan would help generate 25 new jobs and retain 50 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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:
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SBA Participating Banks in Amherst, New York
SBA Lenders in New York