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Greater Syracuse Business Deve

Syracuse, NY 13202

SBA Certified Development Company
109
Loans Approved
$45.7M
Total Volume
$419K
Avg Loan Size
1
States Served

States Served

Top Industries Financed

  • Full-Service Restaurants
  • Offices of Physicians (except Mental Health Specialists)
  • Offices of Dentists
  • General Automotive Repair
  • Limited-Service Restaurants

Quick Summary

Greater Syracuse Business Deve is an SBA-certified Certified Development Company (CDC) headquartered in Syracuse, New York. Since 2010, they have approved 109 SBA 504 loans totaling $45.7M, with an average loan size of $419K. They primarily serve New York businesses.

About Greater Syracuse Business Deve

Greater Syracuse Business Deve is an SBA-certified Certified Development Company (CDC) headquartered in Syracuse, New York. Since 2010, they have approved 109 SBA 504 loans totaling $45.7M, with an average loan size of $419K. They primarily serve businesses in New York.

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Frequently Asked Questions

What does Greater Syracuse Business Deve do?

Greater Syracuse Business Deve is an SBA-certified Certified Development Company (CDC) based in Syracuse, New York. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Greater Syracuse Business Deve handles the SBA-backed 40% portion of the financing structure.

How many SBA 504 loans has Greater Syracuse Business Deve approved?

According to SBA FOIA public records, Greater Syracuse Business Deve has approved 109 SBA 504 loans totaling $45.7M since 2010. Their average loan size is $419K.

What states does Greater Syracuse Business Deve serve?

Greater Syracuse Business Deve primarily serves businesses in New York.

How do I apply for an SBA 504 loan through Greater Syracuse Business Deve?

To apply for an SBA 504 loan through Greater Syracuse Business Deve, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.

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