Loan Closings: Week of July 16, 2018

Monday, July 23, 2018 / Published in Featured News, Articles of Interest
Loan Closings: Week of July 16, 2018

Last week, NYBDC and affiliates provided over $5.7 million in alternative financing for small businesses throughout New York State. These loans were used for construction, working capital, and purchasing real estate:

  • $2,160,000 for construction for a plumbing service in Bronx County, NY.
  • $100,000 for working capital for a pickle company in Suffolk County, NY.
  • $1,055,000 to purchase real estate for a fish and seafood wholesaler in Kings County, NY.
  • $1,292,000 to purchase real estate for a shoe store in Suffolk County, NY.
  • $605,000 to purchase real estate for a trade school in Queens County, NY.
  • $534,000 to purchase real estate for a crane repair and metal manufacturing company in Putnam County, NY.

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