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New York Business Development Corporation - November 2006
Newsletter
Loan Approval Portfolio
22 Total Loans Approved in October 2006
for a Total Amount of
$11,299,000
Congratulations to our partner banks, referral sources, SBA
and the NYBDC staff
19 4 loans approved in the Capital
District/Southern Tier Region
|
Business Type |
City |
Partner Bank |
Referral Source |
Total Amount |
|
Limited
Service Restaurant |
Schenectady |
Legacy
Banks |
Joseph
Santora |
$534,000 |
|
Architectural Firm |
Saratoga Springs |
Pioneer
Savings Bank |
Daniel
Cheeseman |
$469,000 |
|
Timber
Frame Construction/Manufacturing (Refinance/Equipment) |
Cambridge |
TD
Banknorth |
Michael
O'Connell |
$435,000 |
|
Timber
Frame Construction/Manufacturing (Real Estate) |
Cambridge |
TD
Banknorth |
Michael
O'Connell |
$222,000 |
|
|
|
|
TOTAL AMOUNT |
$1,660,000 |
8 loans approved in the Western New York Region
|
Business Type |
City |
Partner Bank |
Referral Source |
Total Amount |
|
Data
Services |
Orchard
Park |
Bank of
Castile |
Tom
Felton |
$1,481,000 |
|
Automobile
Dealership |
Perinton |
HSBC
Bank |
Joseph
Koenig |
$1,132,000 |
|
Law Firm |
Buffalo |
M&T
Bank |
Andrew
Constantino |
$824,000 |
|
Air Quality
Service |
Lancaster |
HSBC
Bank |
Pete
Szafron |
$389,000 |
|
Telemarketing |
Macedon |
Community South Bank |
David
Crabtree |
$381,000 |
|
Insurance &
Financial Services |
Fairport |
HSBC
Bank |
David
Gooding |
$330,000 |
Medical
Office
(Renovations/Equipment) |
Irondequoit |
HSBC
Bank |
James
Swan |
$129,000 |
Medical
Office
(Real Estate) |
Irondequoit |
HSBC
Bank |
James
Swan |
$63,000 |
|
|
|
|
TOTAL AMOUNT |
$4,729,000 |
5 loans approved in the Central/Northern New York Region
|
Business Type |
City |
Partner Bank |
Referral Source |
Total Amount |
|
Restaurant |
Pulaski |
Community Bank |
Steven
Gaffney |
$251,000 |
|
Restaurant |
Chaumont |
M&T
Bank |
Deb
McAtee |
$200,000 |
|
Retail Food |
Rome |
Rome
Savings Bank |
Barbara
Chilluffo |
$190,000 |
|
Auto Body
Repair |
Syracuse |
Alliance Bank |
Jake
Balcerzak |
$134,000 |
|
Staircase Manufacturing |
Utica |
MV Edge |
Jack
Spaeth |
$92,000 |
|
|
|
|
TOTAL AMOUNT |
$867,000 |
3 loans approved in the Hudson Valley Region
|
Business Type |
City |
Partner Bank |
Referral Source |
Total Amount |
|
Furniture
Manufacturing/Design |
West
Park |
None |
James
Davenport |
$604,000 |
|
Martial
Arts School |
Pelham |
Hudson
Valley Bank |
Nicholas Marra |
$499,000 |
|
Speech &
Language Pathology |
New
Rochelle |
HSBC
Bank |
Diane
Schneider |
$388,000 |
|
|
|
|
TOTAL AMOUNT |
$1,491,000 |
2 loans approved in the New York City/Long Island
Region
|
Business Type |
City |
Partner Bank |
Referral Source |
Total Amount |
|
Window and
Door Manufacturing |
Corona |
HSBC
Bank |
Stephen Wu |
$1,317,000 |
Computer
Training/Recycling/
Manufacturing |
Bronx |
Park
Avenue Bank |
Owen
Grossblatt |
$1,235,000 |
|
|
|
|
TOTAL AMOUNT |
$2,552,000 |
President's Remarks
Lender's Corner -
Construction Financing
Success Story
NYBDC
News Highlights
Employee Spotlight -
Richard Amsterdam Welcome
Aboard
October Loan Approvals Current
Loan Rates
Contact
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