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May 2, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Brooklyn, Business Loans > Key Direct, A Branch Of Brooklyn Business Loans > Machine Shops Loan | ||||
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Lackawanna, New York Bank for SBA Loans
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Machine Shops Bank LoansLooking for bank loans for machine shops? Talk to a banker who works with the SBA. This $1,337,000 machine shops loan was issued by an Ohio bank. Getting a small business loan in Lackawanna, New York was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Key Direct, A Branch Of, operating out of Brooklyn, Ohio. Here are the details on this New York small business loan. SBA Loan Borrower COMPANY TYPE: MACHINE SHOPS SBA Loan Lender KEY DIRECT, A BRANCH OF This loan for a small business 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. NAICS Code 332710 - Machine Shops Loan Approval Date 10/25/2001 Loan Approval Gross Amount $1,337,000 Loan Approval from the SBA Of the total $1,337,000 loan amount, the SBA guaranteed $999,996. 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 82 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,337,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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:
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