Kennedy, New York Business Gets SBA-Guaranteed Funding from Jamestown Savings Bank D/b/a N

Jamestown Savings Bank D/b/a N has a track record as a leading provider of SBA loans. Find out how this New York entrepreneur received an SBA loan from them.

Getting a small business loan in Kennedy, New York was an essential business goal for this firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Jamestown Savings Bank D/b/a N, operating out of Lakewood, New York. Here are the details on this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: HARDWARE STORES
KENNEDY, NY 14747

SBA Loan Lender

JAMESTOWN SAVINGS BANK D/B/A N
311 E FAIRMOUNT AVE
LAKEWOOD, NY 14750

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444130 - Hardware Stores

Loan Approval Date

8/27/2004

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

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 6 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Jamestown Savings Bank D/b/a N so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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