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May 15, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Elmira, Business Loans > Chemung Canal Trust Company Elmira Business Loans > Snack And Nonalcoholic Beverage Bars Loan | ||||
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Ithaca, New York Bank for SBA Loans
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Financing for Snack and Nonalcoholic Beverage BarsLooking for loans for snack and nonalcoholic beverage bars? Try the SBA. This $80,000 snack and nonalcoholic beverage bars loan was issued by a New York bank. This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Chemung Canal Trust Company, out of Elmira, New York. The loan was granted and they received $80,000 to help grow their Ithaca, New York business. SBA Loan Borrower COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS SBA Loan Lender CHEMUNG CANAL TRUST COMPANY This lender issued this particular small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 4/7/2004 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $68,000. 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 12 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. 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:
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