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May 14, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Buffalo, Business Loans > Manufacturers & Traders Trust Buffalo Business Loans > Audio And Video Equipment Manufacturing Loan | ||||
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Raising Money in Watertown, New York With SBA Loans
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Borrowing Money for Audio and Video Equipment ManufacturingLooking for loans for audio and video equipment manufacturing? Try the SBA. This $98,500 audio and video equipment manufacturing loan was issued by a New York bank. This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Manufacturers & Traders Trust, out of Buffalo, New York. The loan was granted and they received $98,500 to help grow their Watertown, New York business. SBA Loan Borrower COMPANY TYPE: AUDIO AND VIDEO EQUIPMENT MANUFACTURING SBA Loan Lender MANUFACTURERS & TRADERS TRUST This lender provides SBA debt financing 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 334310 - Audio and Video Equipment Manufacturing Loan Approval Date 3/20/2007 Loan Approval Gross Amount $98,500 Loan Approval from the SBA Of the total $98,500 loan amount, the SBA guaranteed $83,725. 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 no employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $98,500 loan. Remember, if it to be, it is up to me! 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 Buffalo, New York
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