Loan Closings: Week of January 15, 2018

Tuesday, January 23, 2018 / Published in Featured News, Articles of Interest
Loan Closings: Week of January 15, 2018

Last week, NYBDC and affiliates provided small businesses in New York and Pennsylvania with more than $11.4 million in alternative financing. Thank you to the partners who work with us to support and improve small businesses. 

  • $90,000 loan for working capital for a medical services facility in Saratoga County, NY.
  • $100,000 loan for working capital for a contracting company in Erie County, NY.
  • $3,044,000 loan for construction for a hotel in Oneida County, NY.
  • $5,500,000 loan for construction for a hotel in Onondaga County, NY.
  • $1,691,000 loan to purchase real estate for a hotel in Allegheny County, PA.
  • $534,000 loan to purchase real estate for a restaurant in Orange County, NY.
  • $80,000 loan for working capital for a hair salon and retail store in Kings County, NY.
  • $250,000 loan for working capital for a professional services company in Niagara County, NY.
  • $178,000 loan for leasehold improvements for an amusement and recreation facility in Kings County, NY. 
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