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May 2, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > New York, Business Loans > Newtek Small Business Finance Inc. New York Business Loans > Beauty Shops Loan | ||||
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Small Business Banks for Entrepreneurs in New York
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Glenville, New York Entrepreneur Gets an SBA LoanSBA loans in New York are are few and far betweeen these days. We take a look at one New York SBA loan, provided by a New York bank, that was approved by the SBA. You can learn something about getting a small business loan in Glenville, New York by studying this loan to a local business, made back in 2000. Banks like Newtek Small Business Finance Inc. may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: BEAUTY SHOPS SBA Loan Lender NEWTEK SMALL BUSINESS FINANCE INC. SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7231 - Beauty Shops NAICS Code 812112 - Beauty Salons Loan Approval Date 10/3/2000 Loan Approval Gross Amount $235,000 Loan Approval from the SBA Of the total $235,000 loan amount, the SBA guaranteed $176,250. More Information on This SBA Loan The borrower borrowed this money for a new 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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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 in New York, New York Getting an SBA Loan in New York
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