Loan Closings: Week of September 3

Monday, September 10, 2018 / Published in Featured News, Articles of Interest
Loan Closings: Week of September 3

NYBDC and affiliates The 504 Company and Excelsior Growth Fund are dedicated to helping small businesses grow and succeed by providing responsible lending options. Last week, we provided $8.4 million for purchasing real estate, working capital, construction, and renovations for small businesses in New York and New Jersey.

  • $2,288,000 to purchase real estate for a brewery in Kings County, NY.
  • $1,020,000 to purchase equipment for a brewery in Kings County, NY.
  • $1,873,000 to purchase real estate for a brewery in Kings County, NY.
  • $368,000 for construction for a fitness center in Ocean County, NJ.
  • $75,000 for construction for a fitness center in Ocean County, NJ.
  • $1,504,670 for renovations for a restaurant in Suffolk County, NY.
  • $1,233,000 to purchase real estate for a restaurant in Suffolk County, NY.
  • $50,000 for working capital for a restaurant in Onondaga County, NY.

 We thank our partners who support our mission and make our work possible!

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