Loan Census Banking News and Information
May 11, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Utica, New York

 

 
Loan Census SBA Loan Info

How to Get a Loan for Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System

Looking for business loans for search, detection, navigation, guidance, aeronautical, and nautical system? Talk to a banker who works with the SBA. This $25,000 search, detection, navigation, guidance, aeronautical, and nautical system loan was issued by a New York bank.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with The Rome Savings Bank, out of Rome, New York. The loan was granted and they received $25,000 to help grow their Utica, New York business.

SBA Loan Borrower

COMPANY TYPE: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL, AND NAUTICAL SYSTEM
UTICA, NY 13502

SBA Loan Lender

THE ROME SAVINGS BANK
100 W DOMINICK ST
ROME, NY 13440

This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

334511 - Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System

Loan Approval Date

3/10/2004

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $25,000. How would you spend $25,000 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.

Related Links:

Financing Your Business

Banks in Rome, New York

Browse All Business Loan Sources for New York