The Oneida Savings Bank SBA Loan to Eating Places Company
Want a New York SBA loan? Here's one New York business loan that was approved by the SBA.
This local small business knew how to go about getting a business bank loan. Based in Vernon, New York, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was The Oneida Savings Bank, based in Oneida, New York.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
VERNON, NY 13476
SBA Loan Lender
THE ONEIDA SAVINGS BANK
182 MAIN ST
ONEIDA, NY 13421
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
5812 - Eating Places
Loan Approval Date
1/26/2000
Loan Approval Gross Amount
$225,000
Loan Approval from the SBA
Of the total $225,000 loan amount, the SBA guaranteed $168,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. This SBA loan request did not indicate that the business planned to use the money 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.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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.
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