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May 17, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > New York City, Business Loans > Flushing Savings Bank, Fsb New York City Business Loans > Toys And Hobby Goods And Supplies Loan | ||||
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Bayside, New York Bank Loan
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Toy and Hobby Goods and Supplies Wholesalers Commercial LoansLooking for commercial loans for toy and hobby goods and supplies wholesalers? Try the SBA. This $150,000 toy and hobby goods and supplies wholesalers loan was issued by a New York bank. This business knew how to go about getting a business bank loan. Based in Bayside, New York, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Flushing Savings Bank, Fsb, based in New York City, New York. SBA Loan Borrower COMPANY TYPE: TOYS AND HOBBY GOODS AND SUPPLIES SBA Loan Lender FLUSHING SAVINGS BANK, FSB The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. SIC Code 5092 - Toys and Hobby Goods and Supplies NAICS Code 421920 - Toy and Hobby Goods and Supplies Wholesalers Loan Approval Date 3/23/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to hire new 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. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Flushing Savings Bank, Fsb so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Best New York City, New York Banks for Small Business
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