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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 > Testing Laboratories Loan | ||||
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How to Get SBA Loans in Saratoga Springs, New York
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Financing for Testing LaboratoriesLooking for loans for testing laboratories? The SBA may be the answer. This $439,000 testing laboratories loan was issued by an Ohio bank. This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Key Direct, A Branch Of, out of Brooklyn, Ohio. The loan was granted and they received $439,000 to help grow their Saratoga Springs, New York business. SBA Loan Borrower COMPANY TYPE: TESTING LABORATORIES SBA Loan Lender KEY DIRECT, A BRANCH OF This small business loan 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. SIC Code 8734 - Testing Laboratories NAICS Code 541380 - Testing Laboratories Loan Approval Date 9/9/2002 Loan Approval Gross Amount $439,000 Loan Approval from the SBA Of the total $439,000 loan amount, the SBA guaranteed $329,250. 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 6 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in Saratoga Springs or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Obtaining Funding - How to Decide How Much to Raise Browse All Business Loan Sources for Ohio
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