New York Business Development Corporation - August 2006 Newsletter

       Loan Approvals Portfolio
             199 Total Loans Approved from January - July 2006  
                  Congratulations to our partner banks, referral sources, SBA and the NYBDC staff.
            Loans are listed by geographic region.


2 loans approved in the Binghamton Region
 

Business Type  City Referral Source Participant   Total Amount 
Restaurant Vestal Kevin O'Hara M&T Bank                         200,000
Indoor Sports Facility Binghamton Sherry Sterling Visions Federal Credit Union                      1,225,000
    TOTAL                       $1,425,000

37 loans approved in the Capital District-Champlain Region

Business Type  City Referral Source Participant   Total Amount 
Florist Plattsburgh Gene Arsenault, Citizens Bank HSBC Bank                           50,000
Medical Billing Company Schenectady Direct Contact, Existing Borrower  None                           60,000
Restaurant Albany Direct Contact  None                           65,000
Restaurant Schenectady Patrick Mucci KeyBank                            71,000
Retirement Counseling Schenectady Direct Contact Pioneer Savings Bank                           112,000
Upholstery Business Salem Direct Contact None                          125,000
Restaurant Northville Brian Hanrahan NBT Bank                          134,000
Restaurant Cambridge Brian Hanrahan NBT Bank                          150,000
Injection Molding Plattsburgh Carl Schraver Champlain National Bank                          164,000
Restaurant Latham Patrick Mucci KeyBank                          175,000
Auto Repair Plattsburgh Gene Arsenault Citizens Bank                          178,000
Plastic Product Manufacturer Schenectady Chris Kelly Trustco Bank                          179,000
Grocery Store Willsboro Geroge Sherwin Champlain National Bank                         200,000
Law Firm Saratoga Springs Kelly Peluso Adirondack Trust Company                           211,000
Restaurant Guilderland Patrick Mucci KeyBank                          218,000
Steel Boat Trailer Mfr. Warrensburg Michael O'Connell TD Banknorth                         244,000
Gift Shop Bolton Landing Don Roth TD Banknorth                         250,000
Funeral Home Plattsburgh Mark Preister Champlain National Bank                         257,600
Judo Instruction Scotia Bonnie Douglas First National Bank of Scotia                         268,000
Specialty Grocery Store Albany Kenneth Coutermine TD Banknorth                          281,000
Appliance Retailer Plattsburgh Craig Cashman Tupper Lake National Bank                         304,000
Restaurant Saratoga Springs Tim Willard Adirondack Trust Company                         350,000
Bed & Breakfast/Restaurant Warrensburg Don Roth, TD Banknorth Ballston Spa
National Bank
                        352,000
Fitness Center/Pool Granville Mark Galough, Washington County LDC TD Banknorth                         400,000
Law Firm Halfmoon Patrick Mucci KeyBank                         452,000
Restaurant/Bar Saratoga Springs Don Roth Ballston Spa National Bank                         455,000
Restaurant Saratoga Springs David Barkie, Integrity Leasing Berkshire Bank                         500,000
Sports Bar Albany Bill Teague Bank of Bennington                          520,000
Car Wash Glenville Kevin Hunziker First Niagara Bank                         525,000
Pet Supply Store Clifton Park Gregory Phillips First National Bank of Scotia                         640,000
Contact Lens Wholesaler Champlain Tony Martin KeyBank                         738,000
Restaurant Saratoga Springs Brian Hanrahan NBT Bank                         742,000
Transcription Services Troy Schuyler Tilly First Niagara Bank 1,050,000
Pipe Inspection & Cleaning Fort Edward Michael O'Connell TD Banknorth 1,050,000
Commercial Bakery (2 loans) Schenectady Ted DeConno TD Banknorth 1,217,000
Corrugated Box Manufacturer Plattsburgh Bruce Crawford Champlain National Bank 1,800,000
    TOTAL                      $14,587,600

2 loans approved in the Elmira Region

Business Type  City Referral Source Participant   Total Amount 
Restaurant Erin Robert Pichette Chemung Canal Trust Company 235,000
Gas Station/Convenience Store Beaver Dam Tom Beers Community Bank 569,000
    TOTAL                      $804,000

21 loans approved in the Mid-Hudson Region

Business Type  City Referral Source Participant   Total Amount 
Restaurant/Bakery Montgomery