Loan Closings: Week of June 12, 2017

Tuesday, June 20, 2017 / Published in Featured News, General News
Loan Closings: Week of June 12, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $6.8 million in alternative financing to small businesses. Thank you to the partners who make our work possible!

  • $907,200 loan to be used for construction for a warehouse leasing company.
  • $330,100 loan to be used for construction for a fitness center in Ocean County, NJ.
  • $155,000 loan to purchase real estate for an architectural services company in Putnam County, NY.
  • $377,000 loan to purchase real estate for a hospitality company in Essex County, NY.
  • $2,945,000 loan to purchase real estate for a wholesale company in Somerset, NY.
  • $358,000 loan to purchase real estate for a furniture company in Suffolk County, NY.
  • $132,000 loan to purchase real estate for a childcare services company in Saratoga County, NY.
  • $1,281,105 loan to be used for construction for a restaurant in Nassau County, NY.
  • $835,000 loan to purchase real estate for a clothing retailer in Nassau County, NY.
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