Tile and Terrazzo Contractors Bank Loans

Looking for bank loans for tile and terrazzo contractors? An SBA loan may be just what you've been looking for. This $250,000 tile and terrazzo contractors loan was issued by a New York bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tonawanda, New York was able to borrow $250,000 from Manufacturers & Traders Trust. The SBA made the loan possible by guaranteeing $187,500 of this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: TILE AND TERRAZZO CONTRACTORS
TONAWANDA, NY 14150

SBA Loan Lender

MANUFACTURERS & TRADERS TRUST
4925 MAIN ST
AMHERST, NY 14226

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238340 - Tile and Terrazzo Contractors

Loan Approval Date

3/15/2005

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 15 employees. The loan application did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Find Start-Up Capital

SBA 7A Banks for Amherst, New York Loans

Getting a Business Loan in New York