Loan Closings: Week of September 4, 2017

Monday, September 11, 2017 / Published in Featured News, Articles of Interest
Loan Closings: Week of September 4, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $4.5 million in alternative financing to small businesses. Thank you to the partners who make our work possible!

  • $521,000 loan to refinance debt for a real estate agency in Allegheny County, PA.
  • $1,775,000 loan for renovations for a lessor of nonresidential buildings in Suffolk County, NY.
  • $394,300 loan for working capital for a wine distributor in Suffolk County, NY
  • $1,542,000 loan for construction for a manufacturer of premium truck beds in Centre County, PA.
  • $250,000 loan for leasehold improvements for a coffee shop in Hudson County, NJ.
  • $80,000 loan to purchase inventory for a men’s clothing store in New York, NY.