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.
American Christmas owner, Fred Schwam, knows how to decorate. Read more about how Empire State CDC: The 504 Company helped him access capital.
Lynn Mione always dreamed of being a business owner. Little did she know that her love of wine and NYBDC would help make that dream come true.
With decades of experience baking pastries in France, Nora and Jean Francoise Gatorze decided to open their own authentic French bakery. Through The 504 Company, the owners were able to purchase a new storefront and equipment for their business.
How does a man with an undergraduate degree in civil and environmental engineering and an MBA in finance find himself as a personal trainer and owner of a New York City gym?
Chobani yogurt has experienced tremedous growth over the past 5 years. NYBDC financed an SBA 504 loan to help the brand's creator, Hamdi Ulukaya, purchase his yogurt plant and get his start in the business.
When a local bank couldn't provide assistance, they recommended NYBDC to help brothers Mike and Tim Fuller purchase The Hidden Cafe restaurant.
NYBDC helps Nuchas owner and creator, Ariel Barbouth, expand his reach in an innovative way by funding a custom-made food truck.
Wholesale bakery serving many fine restaurants and hotels expands with SBA loan. The owners of Pain D’Avignon III have developed a strong reputation among food critics and those in the food industry as one of the best bakeries in New York City.
Belief in Newburgh's revival spurs partners to start a brewery there. Best friends since the age of 12, Paul Halayko and Christopher Basso went to high school and college together but pursued very different paths early in their careers.
Hermann J. Wiemer Vineyard focuses on the production of several world class quality wine types. When the owners of Hermann J. Wiemer Vineyard needed funding for some capital expenditures they returned to a trusted source for help: NYBDC.
World-renowned boat builders seek NYBDC again for expansion project When the world-renowned boat designers and builders at Scarano Boat Building and its affiliate Classic Harbor Lines realized it was time to expand their fleet.