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April 19, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Buffalo, Business Loans > Hsbc Bank Usa Buffalo Business Loans > Pillar To Post Loan | ||||
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Small Business Banks for North Tonawanda, New York Small Business Owners
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North Tonawanda, NY Entrepreneur Gets SBA Loan to Buy Pillar To Post FranchiseNeed money to invest in a Pillar To Post franchise? Hsbc Bank Usa has a history of making these loans and they are guaranteed by the SBA. Pillar To Post franchise loans are available to North Tonawanda, New York entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Hsbc Bank Usa, based in Buffalo, New York, issued an SBA franchise loan for a Pillar To Post franchise in 2000. We've got all the details on this New York small business loan. SBA Loan Borrower PILLAR TO POST SBA Loan Lender HSBC BANK USA The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA small business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7389 - Business Services Loan Approval Date 3/9/2000 Loan Approval Gross Amount $39,500 Loan Approval from the SBA Of the total $39,500 loan amount, the SBA guaranteed $31,600. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Pillar To Post franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Pillar To Post - Professional Home Inspection Accountant's Role in Securing Financing Best Banks in Buffalo, New York
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