Loan Closings: Week of August 6, 2018

Monday, August 13, 2018 / Published in Featured News, Articles of Interest
Loan Closings: Week of August 6, 2018

NYBDC and affiliates The 504 Company and Excelsior Growth Fund are proud to support small businesses throughout New York, New Jersey and Pennsylvania. With the help of our bank partners, we provided entrepreneurs over $4.6 million in alternative financing last week.

  • $210,000 loan to purchase real estate for an automotive shop in Philadelphia County, PA.
  • $350,000 loan to purchase real estate for a restaurant in Chester County, PA.
  • $362,000 loan to purchase real estate for a self-storage company in Chenango County, NY.
  • $265,000 loan to purchase real estate for a research and development company in Rensselaer County, NY.
  • $1,290,000 loan to purchase real estate for a hotel in Essex County, NY.
  • $1,010,000 loan to purchase real estate for a security systems services company in Erie County, NY.
  • $214,000 loan for renovations for a hotel in Schenectady County, NY.
  • $739,000 loan to purchase real estate for a winery in Fayette County, PA.
  • $209,500 for leasehold improvements for a restaurant in Rensselaer County, NY.

Thank you to our partners who share our mission!

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