New York Business Development Corporation - September 2006 Newsletter
Loan Approval Portfolio
(50) total loans approved in August 2006
 
Congratulations to our partner banks, referral sources, SBA and the NYBDC staff   

19   19 loans approved in the Capital District/Southern Tier Region

Business Type

City

Partner Bank

Referral Source

Total Amount

Fitness Center

Elmira

None

Direct Contact

   $100,000

Dental Practice

Ballston Spa

NBT Bank

Carol Shineman

   $108,000

Day Care Center

Halfmoon

Pioneer Savings Bank

Jeff Dorrance

   $150,000

Recreation Facility

Johnstown

NBT Bank

Richard Edel

   $169,000

Engineering Services

Stephentown

M&T Bank

Keith Atlas

   $178,000

Heating Installation

Ballston Spa

Adirondack Trust

Edward Hart

   $189,000

Contractor

Watervliet

HSBC Bank

Jim Sinnott

   $262,500

Grocery Store

Plattsburgh

Tupper Lake Ntl. Bank

Craig Cashman

   $270,000

Bus Company

Endicott

None

Direct Contact

   $300,000

Medical Practice

Colonie

M&T Bank

James Jednak

   $400,000

Dental Practice

Lansing

Tompkins Trust Company

Paul Banfield

   $420,000

Automotive Repair

Menands

NBT Bank

Stephen Green

   $440,000

Home Care Health Service

Colonie

Legacy Bank

Edward Rizzardini

   $500,000

Equipment Manufacturer

Round Lake

KeyBank

Paul Wersten

   $517,000

Ophthalmology Care

Cortland

HSBC Bank

Kenneth Jardin

   $600,000

Baseball Instruction

Colonie

HSBC Bank

Joseph Bucciero

   $694,000

RV Park

Wilton

Ballston Spa Natl. Bank

Phillip Engborg

   $850,000

Distribution

Malta

Wells Fargo Bank

Beth Fiori

$1,317,000

Hotel

Margaretville

CIT Lending Services Corp.

Bob Rabuck

$2,000,000

 

 

 

TOTAL  AMOUNT

$9,464,500

    10 loans approved in the Western New York Region

Business Type

City

Partner Bank

Referral Source

Total Amount

Insurance Agency

Geneseo

Genesee Regional Bank

Victoria Damon

   $106,000

Physical Therapy

Williamsville

M&T Bank

Stephen Wydysh

   $167,000

Employment Service

Rochester

HSBC Bank

James Swan

   $178,000

Food Processing (2 loans)

Gasport

HSBC Bank

Edward Bellaire

   $329,000

Tae Kwon Do Studio

Depew

HSBC Bank

Thomas Mysiak

   $400,000

Pharmaceutical Manufacturer

Lake Placid

NBT Bank/Tupper Lake
National Bank

Brian Gladwin

   $800,000

Circuit Board Manufacturer

Rochester

HSBC Bank

Walter Roman

   $835,000

Real Estate Holding Co.

Rochester

HSBC Bank

Walter Roman

   $960,000

Medical Supplies

Kenmore

Evans National Bank

Michael Schafer

$1,000,000

 

 

 

TOTAL  AMOUNT

$4,775,000

4 loans approved in the Central/Northern New York Region  

Business Type

City

Partner Bank

Referral Source

Total Amount

Dental Practice

Ithaca

Tompkins Trust Company

Paul Banfield

   $151,000

Gymnastics Instruction

Ithaca

First Niagara Bank

Jeff Dobbin

   $202,000

Sports Complex

Herkimer

Adirondack Bank

Michael Shaler

   $402,000

Assisted Living

Jeffersonville

Mission Oaks National Bank

Nancy Tangorra

   $632,000

 

 

 

TOTAL  AMOUNT

 $1,387,000

    6 loans approved in the Hudson Valley Region  

Business Type

City

Partner Bank

Referral Source

Total Amount

Craft Store

Hudson Falls

Trustco Bank

Chris Kelly

   $104,796

Veterinary Practice

Briarcliff Manor

Mahopac National Bank

John Kraus

   $206,000

Environmental Consulting

Ossining

M&T Bank

Michael DeNizo

   $237,000

Consulting

Patterson

M&T Bank

Robert Czura

   $342,000

Pet Supplies (2 loans)