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May 13, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Lisbon, Business Loans > The Upstate National Bank Lisbon Business Loans > Baked Goods Stores Loan | ||||
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Webster, New York Bank Loan
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How to Get a Loan for Baked Goods StoresLooking for business loans for baked goods stores? The SBA may be the answer. This $260,000 baked goods stores loan was issued by a New York bank. This small business knew how to go about getting a business bank loan. Based in Webster, New York, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was The Upstate National Bank, based in Lisbon, New York. SBA Loan Borrower COMPANY TYPE: BAKED GOODS STORES SBA Loan Lender THE UPSTATE NATIONAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445291 - Baked Goods Stores Loan Approval Date 10/31/2005 Loan Approval Gross Amount $260,000 Loan Approval from the SBA Of the total $260,000 loan amount, the SBA guaranteed $195,000. 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 30 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Upstate National Bank and they will explain how you can get an SBA loan for your company. 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: Role of Business Plan When Raising Money Who Lends Money to Small Businesses in Lisbon, New York Browse All Business Loan Sources for New York
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