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May 11, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Norwich, Business Loans > Nbt Bank, National Association Norwich Business Loans > Top And Body Repair And Paint Shops Loan | ||||
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Fultonville, New York Bank for SBA Loans
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Automotive Body, Paint, and Interior Repair and Maintenance Small Business LoansLooking for small business loans for automotive body, paint, and interior repair and maintenance? The SBA may be the answer. This $150,000 automotive body, paint, and interior repair and maintenance loan was issued by a New York bank. This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Nbt Bank, National Association, out of Norwich, New York. The loan was granted and they received $150,000 to help grow their Fultonville, New York business. SBA Loan Borrower COMPANY TYPE: TOP AND BODY REPAIR AND PAINT SHOPS SBA Loan Lender NBT BANK, NATIONAL ASSOCIATION This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7532 - Top and Body Repair and Paint Shops NAICS Code 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 8/21/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 20 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. Getting an SBA Loan For Your Business If you are wondering how to raise money for a business in Fultonville NY, you ought to talk with a local Fultonville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fultonville businesses. We can help you find the best banks for small businesses in Fultonville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 7A Lenders in Norwich, New York
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