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June 1, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > New York City, Business Loans > Flushing Savings Bank, Fsb New York City Business Loans > Nail Salons Loan | ||||
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How to Get SBA Money in Flushing, New York
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New York Small Business Loan Issued to Nail Salons CompanyNew YorkSBA loans are available to New York entrepreneurs through the SBA. In this case, a New York bank provides the loan. You can learn something about getting a small business loan in Flushing, New York by studying this loan to a local business, made back in 2005. Banks like Flushing Savings Bank, Fsb may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: NAIL SALONS SBA Loan Lender FLUSHING SAVINGS BANK, FSB Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812113 - Nail Salons Loan Approval Date 10/18/2005 Loan Approval Gross Amount $664,000 Loan Approval from the SBA Of the total $664,000 loan amount, the SBA guaranteed $498,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! 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 Flushing 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: Family and Friend Investors - Your First Financiers Banks in New York City, New York
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