Rhinebeck, New York Lender Lends Money to Women's Clothing Stores Company

Want to talk with a Rhinebeck, New York bank about a small business loan? Here's one New York business loan, issued by a Rhinebeck bank, that was approved by the SBA.

Applying for an SBA loan with Rhinebeck Savings Bank worked out well for our friends at one local business in Wappingers Falls, New York. The business was able to get an SBA loan for $40,000. Nice!

SBA Loan Borrower

COMPANY TYPE: WOMEN'S CLOTHING STORES
WAPPINGERS FALLS, NY 12590

SBA Loan Lender

RHINEBECK SAVINGS BANK
6414 MONTGOMERY ST
RHINEBECK, NY 12572

This lender processed this SBA small 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

448120 - Women's Clothing Stores

Loan Approval Date

11/7/2005

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 5 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Wappingers Falls NY, you ought to talk with a local Wappingers Falls SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wappingers Falls businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Rhinebeck Savings Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Business Cash Advances

Where to Get an SBA Loan in Rhinebeck, New York

Getting an SBA Loan in New York