 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
|
|
|
||
| Entrepreneur Resources | Newtek Small Business Finance Inc. New York Business Loans | ||||
 |
||||
Requirements for Business Owners On Getting a Loan
|
||||
 |
Financing for Testing LaboratoriesLooking for loans for testing laboratories? Try the SBA. This $103,000 testing laboratories loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Miami, Florida was able to borrow $103,000 from Newtek Small Business Finance Inc.. The SBA made the loan possible by guaranteeing $87,550 of this Florida small business loan. SBA Loan Borrower 3 AL TESTING CORP. SBA Loan Lender NEWTEK SMALL BUSINESS FINANCE INC. This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541380 - Testing Laboratories Loan Approval Date 6/23/2004 Loan Approval Gross Amount $103,000 Loan Approval from the SBA Of the total $103,000 loan amount, the SBA guaranteed $87,550. More Information on This SBA Loan The borrower, 3 Al Testing Corp., borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the small business promised to use the funding to add employees or retain any existing employees. This loan was paid in full, and was closed out on 1/3/2007. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this 3 Al Testing Corp. loan from Newtek Small Business Finance Inc. so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Best New York, New York Banks for Small Business Getting an SBA Loan in New York If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
|
|
||
|
||||
|
|
||||
