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December 22, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Albany, Business Loans > New York Business Devel Corp Albany Business Loans > Wood Office Furniture Manufacturing Loan | ||||
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Advice for Entrepreneurs On Getting a Loan
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Where to Get Capital for Wood Office Furniture ManufacturingLooking for small business loans for wood office furniture manufacturing? An SBA loan may be just what you've been looking for. This $364,000 wood office furniture manufacturing loan was issued by a New York bank. Getting a small business loan in West Leyden, New York was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from New York Business Devel Corp, operating out of Albany, New York. Here are the details on this New York small business loan. SBA Loan Borrower COMPANY TYPE: WOOD OFFICE FURNITURE MANUFACTURING SBA Loan Lender NEW YORK BUSINESS DEVEL CORP As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 337211 - Wood Office Furniture Manufacturing Loan Approval Date 1/26/2005 Loan Approval Gross Amount $364,000 Loan Approval from the SBA Of the total $364,000 loan amount, the SBA guaranteed $273,000. 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 2 employees. The loan application indicated that the funding would help create 10 new jobs. Getting an SBA Loan For Your Business The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. This company got an SBA loan. You can too! Maybe you want money for start up 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:
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