Loan Census Banking News and Information
May 8, 2024  
 
 
  Business Loan Information  
 

Banks Doing SBA Loans in New York

 

 
Loan Census SBA Loan Info

New York, New York Bank Lends Money to Landscape Architectural Services Company in Port Saint Lucie, Florida

Thinking about meeting with a New York, New York bank about a small business loan? Here's one Florida business loan, issued by a New York bank, that was approved by the SBA.

Applying for an SBA loan with Newtek Small Business Finance Inc. worked out well for our friends at one local company in Port Saint Lucie, Florida. They got an SBA loan for $354,000. Nice!

SBA Loan Borrower

COMPANY TYPE: LANDSCAPE ARCHITECTURAL SERVICES
PORT SAINT LUCIE, FL 34953

SBA Loan Lender

NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541320 - Landscape Architectural Services

Loan Approval Date

5/2/2007

Loan Approval Gross Amount

$354,000

Loan Approval from the SBA

Of the total $354,000 loan amount, the SBA guaranteed $265,500.

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 documents indicated that the loan would help generate 2 new jobs and retain 22 existing jobs.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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:

VC Firms on Twitter

Good Banks for Small Business in New York, New York

New York SBA 7A Banks