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May 18, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Scotia, Business Loans > First National Bank Of Scotia Scotia Business Loans > Retail Stores Loan | ||||
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Banks That Lend to Clifton Park Business Owners
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First National Bank Of Scotia Gives Bank Loan to Retail Stores CompanyBank loans in New York are hard to find these days. We take a look at one New York bank loan, provided by a New York bank, that was approved by the SBA. You can learn something about getting a small business loan in Clifton Park, New York by studying this loan to a local company, made back in 2006. Banks like First National Bank Of Scotia may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: RETAIL STORES SBA Loan Lender FIRST NATIONAL BANK OF SCOTIA SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5999 - Retail Stores NAICS Code 453910 - Pet and Pet Supplies Stores Loan Approval Date 7/28/2006 Loan Approval Gross Amount $138,000 Loan Approval from the SBA Of the total $138,000 loan amount, the SBA guaranteed $117,300. 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 18 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA Participating Banks in Scotia, New York
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