Wiring Instructions
Your payment must be automatically debited from your bank account. In the event your automatic debit does not go through you will be asked to wire in your payment.
The wiring instructions are as follows:
The Bank of New York
101 Barclay Street, 8th Floor East
New York, NY 10286
ABA#: 021-000-018
Account Number, 504 Loans: 8900606762
10-digit SBA Loan Identification Number: __________________
Name of Borrower: ___________________________________
For Credit to Colson Services Corp.
Amount to be wired: ____________________ (your loan payment amount)
Monthly payments are due on the first business day of each month. All payments received after the 15th of the month will be assessed a late fee of $100.00 or 5% of your loan payment, whichever is greater. The late fee is in addition to the regular monthly payment.