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April 27, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in New York, New York and We Got One!

 

 
Loan Census SBA Loan Info

Loans for Private Mail Centers

With these loans for private mail centers, the SBA guarantees the lender that the loan will be repaid. This private mail centers loan for $288,700 was given to a New York entrepreneur in 2004.

Getting a small business loan in New York, New York was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Business Lenders, LLC, operating out of Hartford, Connecticut. Here are the details on this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: PRIVATE MAIL CENTERS
NEW YORK, NY 10016

SBA Loan Lender

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

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561431 - Private Mail Centers

Loan Approval Date

6/3/2004

Loan Approval Gross Amount

$288,700

Loan Approval from the SBA

Of the total $288,700 loan amount, the SBA guaranteed $216,525.

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 3 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $288,700. How would you spend $288,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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