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May 16, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Clinton, Business Loans > Unity Bank Clinton Business Loans > Home And Garden Equipment Repair And Maintenance Loan | ||||
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NY SBA Loan from Unity Bank
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Business Loan from Unity Bank Given to Home And Garden Equipment Repair And Maintenance CompanyUnity Bank has a track record as a leading provider of SBA loans. Find out how this New York entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Coram, New York was able to borrow $404,000 from Unity Bank. The SBA made the loan possible by guaranteeing $303,000 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: HOME AND GARDEN EQUIPMENT REPAIR AND MAINTENANCE SBA Loan Lender UNITY BANK This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811411 - Home and Garden Equipment Repair and Maintenance Loan Approval Date 6/3/2002 Loan Approval Gross Amount $404,000 Loan Approval from the SBA Of the total $404,000 loan amount, the SBA guaranteed $303,000. 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 17 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 17 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Best Banks for Small Business in Clinton, New Jersey Getting an SBA Loan in New Jersey
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