The Superstorm Sandy Emergency Loan Program helped Lucky's Real Tomatoes rebuild after the Brooklyn-based business was severely damaged by the storm.
In 2005, when Captain Jerry Gertz of Erie Canal Cruises wanted to purchase a larger boat, he turned to NYBDC for financing. The project was so successful, he looked to NYBDC again in 2011 when purchasing an even larger boat.
The owners of One Stop Digital Blueprinting used the SBA 504 Program to finance the purchase of a larger printing space in Brooklyn, New York.
Dr. Laura Wade had always wanted to open her own specialty animal practice. With the help of The 504 Company and The Bank of Akron, she was able to turn her dream into a reality.
NYBDC and Tioga State Bank helped the owners of Indian Valley Industries secure a 7a loan to purchase their business in 2008. When the owners were looking to expand in 2012, they again looked to NYBDC and Tioga State bank for their financing needs.
TurnKey Internet, a full service hosting provider and data center based in the Capital-region, utilized the 504 program to finance their expansion. Since then, TurnKey has doubled their employees and been able to purchase green technology.
When presented with an opportunity to purchase a furniture building in Oneonta, NY, owner Art Scholet knew he couldn't pass it up. Together, NYBDC and NBT Bank were able to package a 504 loan to help purchase and renovate the space.
After moving their carton manufacturing facility to a bigger space in Syracuse, the owners of HSM Packaging needed new equipment. With the help of NYBDC, they secured a 504 loan to purchase the equipment. Read more about HSM Packaging here.
Brothers Chris and Brian Martell decided to pursue their dream of brewing beer as a career. With the help of NYBDC, they secured a 504 loan to purchase and renovate their space in Saratoga, NY. Click here to read the story of Druthers Brewing.
Blue Marble Ice Cream manufactures, wholesales and retails artisanal organic ice cream. When financing was needed to expand the wholesale operation of the company, as well as to finance a new retail location in Manhattan, NYBDC was able to help.
Owners Dr. Theresa Cavallaro and Dr. Robert Cohen had recently financed the expansion their animal hospital using NYBDC funding when Hurricane Sandy destroyed the renovations. They were able to access emergency loan funds to rebuild their business.
When this Digital Ad Agency's growth meant the need for a new space, the 504 loan program proves to be the right solution for financing.
Healthy Heart Food Service provides meals for senior citizens, day care centers, schools and more. When presented with the opportunity to purchase their building in Brooklyn, they turned to JP Morgan Chase bank and NYBDC for 504 loan funding.
Ushers Machine & Tool Co. Inc., is a successful welding and machining business that has created more than fifty jobs in the Capital District. NYBDC helped fund the purchase of this business in 2008.