Loan Census Banking News and Information
May 9, 2024  
 
 
  Business Loan Information  
 

Delhi, Louisiana Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Boat Building

Looking for SBA loans for boat building? Try the SBA. This $800,000 boat building loan was issued by a New York bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Delhi, Louisiana was able to borrow $800,000 from Newtek Small Business Finance Inc.. The SBA made the loan possible by guaranteeing $600,000 of this Louisiana small business loan.

SBA Loan Borrower

COMPANY TYPE: BOAT BUILDING
DELHI, LA 71232

SBA Loan Lender

NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018

This lender provides SBA business loans 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

336612 - Boat Building

Loan Approval Date

10/29/2007

Loan Approval Gross Amount

$800,000

Loan Approval from the SBA

Of the total $800,000 loan amount, the SBA guaranteed $600,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 69 existing jobs.

Getting an SBA Loan For Your Business

If you are raising money in Delhi LA, you ought to talk with a local Delhi SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Delhi businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Business Incubators

SBA Participating Banks in New York, New York

SBA Lenders in New York