Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

Examples of Cortland SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Prepress Services

Looking for small business loans for prepress services? Talk to a banker who works with the SBA. This $15,000 prepress services loan was issued by a New York bank.

This small firm knew how to go about getting a business bank loan. Based in Cortland, New York, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Alliance Bank, based in Syracuse, New York.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
CORTLAND, NY 13045

SBA Loan Lender

ALLIANCE BANK
120 MADISON ST, AXA TOWER LL,
SYRACUSE, NY 13202

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

2759 - Commercial Printing

NAICS Code

323122 - Prepress Services

Loan Approval Date

10/4/2000

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start business in Cortland NY, you ought to talk with a local Cortland SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cortland businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? 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.

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SBA Banks in Syracuse, New York

Getting an SBA Loan in New York