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November 22, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Norwich, Business Loans > Nbt Bank, National Association Norwich Business Loans > Framing Contractors Loan | ||||
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Norwich, New York Bank for SBA Loans
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Norwich, New York Lender Lends Money to Framing Contractors CompanyThinking about meeting with a Norwich, New York bank about a small business loan? Here's one New York business loan, issued by a Norwich bank, that was approved by the SBA. Applying for an SBA loan with Nbt Bank, National Association worked out well for our friends at one local company in Treadwell, New York. They received an SBA loan for $50,000. Nice! SBA Loan Borrower COMPANY TYPE: FRAMING CONTRACTORS SBA Loan Lender NBT BANK, NATIONAL ASSOCIATION This lender processed this business 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. NAICS Code 238130 - Framing Contractors Loan Approval Date 5/11/2004 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: SBA Approved Banks in Norwich, New York SBA Participating Banks in New York
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