Heating Oil Dealers Business Loans

With these business loans for heating oil dealers, the SBA guarantees the lender that the loan will be repaid. This heating oil dealers loan for $350,700 was given to a New York entrepreneur in 2005.

Getting a small business loan in Whitney Point, New York was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Tioga State Bank, operating out of Binghamton, New York. Here are the details on this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: HEATING OIL DEALERS
WHITNEY POINT, NY 13862

SBA Loan Lender

TIOGA STATE BANK
1430 UPPER FRONT ST
BINGHAMTON, NY 13901

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

454311 - Heating Oil Dealers

Loan Approval Date

4/5/2005

Loan Approval Gross Amount

$350,700

Loan Approval from the SBA

Of the total $350,700 loan amount, the SBA guaranteed $263,025.

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 6 employees. The loan application did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $350,700. How would you spend $350,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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