Company Gets a New York Bank Loan
New YorkSBA loans are available to New York entrepreneurs through the SBA. In this case, a Rhode Island bank provides the loan.
You can learn something about getting a small business loan in Williamsville, New York by studying this loan to a local business, made back in 2001. Banks like Textron Business Credit, Inc. may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: REPOSSESSION SERVICES
WILLIAMSVILLE, NY 14221
SBA Loan Lender
TEXTRON BUSINESS CREDIT, INC.
40 WESTMINISTER ST
PROVIDENCE, RI 02903
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561491 - Repossession Services
Loan Approval Date
11/6/2001
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 indicated that the loan would help generate 2 new jobs and retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
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 Textron Business Credit, Inc. 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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