Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Nbt Bank, National Association

 

 
Loan Census SBA Loan Info

Business Loan from Nbt Bank, National Association Given to Funeral Service And Crematories Company

An SBA loan from Nbt Bank, National Association typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Harpursille, New York business owner got a $140,000 loan.

This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Nbt Bank, National Association, out of Afton, New York. The loan was granted and they received $140,000 to help grow their Harpursille, New York business.

SBA Loan Borrower

COMPANY TYPE: FUNERAL SERVICE AND CREMATORIES
HARPURSILLE, NY 13787

SBA Loan Lender

NBT BANK, NATIONAL ASSOCIATION
182 MAIN ST
AFTON, NY 13730

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7261 - Funeral Service and Crematories

Loan Approval Date

6/27/2000

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $105,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

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.

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