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May 9, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Perry, Business Loans > The Bank Of Castile Perry Business Loans > Eating Places Loan | ||||
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Perry, New York SBA Lenders
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Perry, New York Bank Gives SBA Loan to Eating Places CompanyWant to talk with a Perry, New York bank about an SBA loan? Here's one New York business loan, issued by a Perry bank, that was approved by the SBA. Applying for an SBA loan with The Bank Of Castile worked out well for our friends at one local company in Attica, New York. They got an SBA loan for $100,000. Nice! SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender THE BANK OF CASTILE This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 2/27/2001 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. 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 8 employees. The loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA Participating Banks in Perry, New York
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