Loan Census Banking News and Information
April 25, 2024  
 
 
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New York Small Business Funding

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Stationery, Tablet, and Related Product Manufacturing

With these loans for stationery, tablet, and related product manufacturing, the SBA guarantees the lender that the loan will be repaid. This stationery, tablet, and related product manufacturing loan for $650,000 was given to a New York entrepreneur in 2000.

This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Business Lenders, LLC, out of Hartford, Connecticut. The loan was granted and they received $650,000 to help grow their Bay Shore, New York business.

SBA Loan Borrower

COMPANY TYPE: STATIONERY, TABLETS, AND RELATED PRODUCTS
BAY SHORE, NY 11706

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2678 - Stationery, Tablets, and Related Products

NAICS Code

322233 - Stationery, Tablet, and Related Product Manufacturing

Loan Approval Date

6/30/2000

Loan Approval Gross Amount

$650,000

Loan Approval from the SBA

Of the total $650,000 loan amount, the SBA guaranteed $487,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 35 employees. This SBA loan request indicated that the loan would help retain 35 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great funding source

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 $650,000 loan. Remember, anyone can do it... so why not you?

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.

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