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May 19, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Albany, Business Loans > New York Business Devel Corp Albany Business Loans > Ceramic Wall And Floor Tile Manufacturing Loan | ||||
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I Need a Business Loan in Syracuse, New York
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Financing for Ceramic Wall and Floor Tile ManufacturingLooking for loans for ceramic wall and floor tile manufacturing? An SBA loan may be just what you've been looking for. This $174,000 ceramic wall and floor tile manufacturing loan was issued by a New York bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Syracuse, New York was able to borrow $174,000 from New York Business Devel Corp. The SBA made the loan possible by guaranteeing $130,500 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: CERAMIC WALL AND FLOOR TILE MANUFACTURING SBA Loan Lender NEW YORK BUSINESS DEVEL CORP This lender issued this bank loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 327122 - Ceramic Wall and Floor Tile Manufacturing Loan Approval Date 4/11/2007 Loan Approval Gross Amount $174,000 Loan Approval from the SBA Of the total $174,000 loan amount, the SBA guaranteed $130,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 8 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: SBA 7A Banks in Albany, New York Getting a Business Loan in New York
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