Rhinebeck Bank partnered with The 504 Company to finance a loan for The Roundhouse at Beacon Falls. The project has provided an economic boost to the local economy and has created more than 50 jobs.
Funding from the NYC Food Manufacturers Growth Fund helped Liddabit Sweets move their production to a larger facility.
The owners of Grady's Cold Brew, a New Orleans style coffee concentrate company, received financing to help grow their business through the NYC Food Manufacturers Growth Fund.
The SBA 7(a) loan program allowed the owners of Rock City Media, an outdoor billboard advertising company, the ability refinance their debt and secure a better interest rate.
Kari Morris, owner of Morris Kitchen, received a loan through the NYC Food Manufacturers Growth Fund. She used the loan to increase inventory of her specialty syrups business.
This Southern-Caribbean restaurant was able to expand with a loan through the SBA 504 program, facilitated by The 504 Company and JP Morgan Chase bank.
When Runner & Stone, an artisanal bread baking business, sought to expand beyond its food stand at Brooklyn's outdoor market Smorgasburg, owners Christopher Pizzulli and Peter Endriss were unable to find bank financing. NYBDC was able to help.
This unique business accessed capital to finance the conversion of a former warehouse into a soundproof studio where they record sounds for film and television soundtracks.
The Superstorm Sandy Emergency Loan Program helped Lucky's Real Tomatoes rebuild after the Brooklyn-based business was severely damaged by the storm.
In 2005, when Captain Jerry Gertz of Erie Canal Cruises wanted to purchase a larger boat, he turned to NYBDC for financing. The project was so successful, he looked to NYBDC again in 2011 when purchasing an even larger boat.
The owners of One Stop Digital Blueprinting used the SBA 504 Program to finance the purchase of a larger printing space in Brooklyn, New York.
Dr. Laura Wade had always wanted to open her own specialty animal practice. With the help of The 504 Company and The Bank of Akron, she was able to turn her dream into a reality.
NYBDC and Tioga State Bank helped the owners of Indian Valley Industries secure a 7a loan to purchase their business in 2008. When the owners were looking to expand in 2012, they again looked to NYBDC and Tioga State bank for their financing needs.
TurnKey Internet, a full service hosting provider and data center based in the Capital-region, utilized the 504 program to finance their expansion. Since then, TurnKey has doubled their employees and been able to purchase green technology.
When presented with an opportunity to purchase a furniture building in Oneonta, NY, owner Art Scholet knew he couldn't pass it up. Together, NYBDC and NBT Bank were able to package a 504 loan to help purchase and renovate the space.