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May 18, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Castile, Business Loans > The Bank Of Castile Castile Business Loans > Lessors Of Real Estate Property Loan | ||||
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New York Bank SBA Loans
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SBA Loan from The Bank Of Castile Helps Lessors Of Real Estate Property CompanyAn SBA loan from The Bank Of Castile typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Rochester, New York business owner got a $252,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rochester, New York was able to borrow $252,000 from The Bank Of Castile. The SBA made the loan possible by guaranteeing $189,000 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: LESSORS OF REAL ESTATE PROPERTY SBA Loan Lender THE BANK OF CASTILE This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 531190 - Lessors of Real Estate Property Loan Approval Date 2/19/2008 Loan Approval Gross Amount $252,000 Loan Approval from the SBA Of the total $252,000 loan amount, the SBA guaranteed $189,000. 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 indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Where to Get an SBA Loan in Castile, New York
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