The Small Business Jobs Act's 504 Refinance Loan program helped the owners of Copake KOA refinance the debt incurred after a microstorm severely damaged their campground.
After years of operating in crowded manufacturing space, John Lutjen committed to buying a larger building to run his established machine shop. The 504 Company provided the funding he needed to buy and equip a space just one block away.
Both Mark and Sheila Dowhy were well established in their respective professions in the health care industry when they decided to pursue a dream of opening a bed and breakfast.
The owners of Norman & Jules Toy Shop accessed capital through The Brooklyn Fund to refinance their existing debt. This allowed them the working capital needed to grown their Brooklyn-based business.
After funding his food truck with a 504 loan, Nuchas empanadas owner Ariel Barbouth, used the Community Advantage loan program to open a kiosk in Midtown Manhattan.
The Community Advantage loan program helped the owner of Just Keep Moving Fitness open a exercise studio in New York City.
A loan through the Community Advantage program helped the owners of Cafe Rue Dix open their French-Senegalese inspired restaurant in Prospect Heights.
SBA 504 financing, provided in partnership with M&T Bank, allowed the owners of Kenney Shelton Liptak and Nowak law firm to purchase a larger building to accommodate the firm's growing staff.
A referral from the Pace University Small Business Development Center helped this entrepreneur get in touch with NYBDC. The business owner accessed capital through NYBDC's 7(a) loan program to open his retail wine shop in NYC.
The SBA 504 loan program allowed this borrower to fund the opening of two gas stations in White Plains and Cold Spring, NY.
The partnership between The 504 Company and Bank of America helped borrowers, Mary and Thomas Stafford, get financing through the Community Advantage program to start their blow dry business.
The owners of the Meat Hook butcher shop used a loan from the Food Manufacturers Growth Fund to renovate and open a new business.
Rhinebeck Bank partnered with The 504 Company to finance a loan for The Roundhouse at Beacon Falls. The project has provided an economic boost to the local economy and has created more than 50 jobs.
Funding from the NYC Food Manufacturers Growth Fund helped Liddabit Sweets move their production to a larger facility.