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April 26, 2024  
 
 
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Loan Census SBA Loan Info

Plattsburgh, NY Entrepreneur Gets SBA Loan to Buy Signs Now Franchise

Need a loan to invest in a Signs Now franchise? Nbt Bank, National Association has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Signs Now franchise? If so, here's a 2004 SBA franchise loan that you should know about. Nbt Bank, National Association was the lender and the entrepreneur was based in Plattsburgh, New York.

SBA Loan Borrower

SIGNS NOW
PLATTSBURGH, NY 12901

SBA Loan Lender

NBT BANK, NATIONAL ASSOCIATION
52 S BROAD ST
NORWICH, NY 13815

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide debt financing to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1799 - Special Trade Contractors

NAICS Code

235990 - Special Trade Contractors

Loan Approval Date

7/1/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Signs Now franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We can help you find the best banks for small businesses in Plattsburgh or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Signs Now Corporation

Angel Investors

Who Lends Money to Small Businesses in Norwich, New York

New York SBA Bank Lenders