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May 19, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Albany, Business Loans > New York Business Devel Corp Albany Business Loans > Ophthalmic Goods Manufacturing Loan | ||||
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Business Loans from New York Business Devel Corp
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SBA Loan from New York Business Devel Corp Helps Ophthalmic Goods Manufacturing CompanyNew York Business Devel Corp has a track record as a leading provider of SBA loans. Find out how this New York entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rochester, New York was able to borrow $394,000 from New York Business Devel Corp. The SBA made the loan possible by guaranteeing $295,500 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: OPHTHALMIC GOODS MANUFACTURING SBA Loan Lender NEW YORK BUSINESS DEVEL CORP This lender provides SBA 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 339115 - Ophthalmic Goods Manufacturing Loan Approval Date 6/5/2006 Loan Approval Gross Amount $394,000 Loan Approval from the SBA Of the total $394,000 loan amount, the SBA guaranteed $295,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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: Best Albany, New York Banks for Small Business
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