Kari Morris, owner of Morris Kitchen, received a loan through the NYC Food Manufacturers Growth Fund. She used the loan to increase inventory of her specialty syrups business.
The SBA Information Notice 5000-1309 provides clarification on the SBA Fiscal Year 2014 reduction in fees for all 7(a) loans of $150,000 or less.
This Southern-Caribbean restaurant was able to expand with a loan through the SBA 504 program, facilitated by The 504 Company and JP Morgan Chase bank.
We’re launching new series called "Did You Know?" which will provide step-by-step information on small business lending. This week we're focusing on community partnerships.
When Runner & Stone, an artisanal bread baking business, sought to expand beyond its food stand at Brooklyn's outdoor market Smorgasburg, owners Christopher Pizzulli and Peter Endriss were unable to find bank financing. NYBDC was able to help.
The SBA Office of Advocacy released their Quarterly Employment Bulletin, which highlights small business employment data from the fourth quarter of 2013.
This unique business accessed capital to finance the conversion of a former warehouse into a soundproof studio where they record sounds for film and television soundtracks.
The Superstorm Sandy Emergency Loan Program helped Lucky's Real Tomatoes rebuild after the Brooklyn-based business was severely damaged by the storm.
Vito DiMatteo, owner of Will2Lose Fitness Club, utilized the SBA 504 program to purchase the building his fitness center is located in. The Scarsdale business owner is enjoying much success and was recently featured in 914 Inc. Magazine.
NYBDC has approved a $100,000 grant to Red Hook Initiative (“RHI”) in support of their 500 Futures campaign.
NYBDC Makes Donations to Six Brooklyn Area Food Pantries to Honor Outgoing Brooklyn President and Local Banker
New York Business Development Corporation Foundation today made six $1,000 donations to Brooklyn food pantries to honor outgoing Brooklyn Borough President Marty Markowitz and TD Bank’s Phil Stenger.