Where to Get Capital for Institutional Furniture Manufacturing

Looking for SBA loans for institutional furniture manufacturing? An SBA loan may be just what you've been looking for. This $150,000 institutional furniture manufacturing loan was issued by a New York bank.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Citibank, out of New York City, New York. The loan was granted and they received $150,000 to help grow their West Hempstead, New York business.

SBA Loan Borrower

COMPANY TYPE: INSTITUTIONAL FURNITURE MANUFACTURING
WEST HEMPSTEAD, NY 11590

SBA Loan Lender

CITIBANK
1 COURT SQ
NEW YORK CITY, NY 11120

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

337127 - Institutional Furniture Manufacturing

Loan Approval Date

12/15/2003

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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. The loan application indicated that the loan would help retain 12 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Citibank and they will explain how you can get an SBA loan for your company.

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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