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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 |
| |