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May 17, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > New York City, Business Loans > Flushing Savings Bank, Fsb New York City Business Loans > Beer And Ale Merchant Wholesalers Loan | ||||
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Business Loans for Port Washington Small Businesses
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Beer and Ale Merchant Wholesalers Commercial LoansWith these commercial loans for beer and ale merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This beer and ale merchant wholesalers loan for $150,000 was given to a New York entrepreneur in 2008. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Port Washington, New York was able to borrow $150,000 from Flushing Savings Bank, Fsb. The SBA made the loan possible by guaranteeing $75,000 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: BEER AND ALE MERCHANT WHOLESALERS SBA Loan Lender FLUSHING SAVINGS BANK, FSB The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 424810 - Beer and Ale Merchant Wholesalers Loan Approval Date 1/23/2008 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. 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 17 employees. The SBA loan application for the borrower indicated that the loan would help retain 17 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. 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. Related Links: SBA 7A Lenders in New York City, New York Find an SBA Lender in New York
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