Loan Closings: Week of July 24, 2017

Tuesday, August 1, 2017 / Published in Featured News, General News
Loan Closings: Week of July 24, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $5.3 million in alternative financing to small businesses. Thank you to the partners who make our work possible!

  • $400,000 loan to refinance debt for a lighting fixture manufacturing company in Kings County, NY.
  • $350,000 loan for renovations for a social club located in New York, NY.
  • $300,000 loan for leasehold improvements for a restaurant in New York, NY.
  • $2,046,000 loan to purchase real estate for an aluminum and plastic packaging manufacturing company in Suffolk County, NY.
  • $1,332,416 loan to purchase real estate for an aluminum and plastic packaging manufacturing company in Suffolk County, NY.
  • $930,000 loan to purchase real estate for a lighting fixture manufacturing company in Kings County, NY.
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