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MARINE MIDLAND BANK v. ROME POLYMER, INC.

244 A.D.2d 967 (1997)

665 N.Y.S.2d 160

Marine Midland Bank, Respondent, v. Rome Polymer, Inc., et al., Appellants, et al., Defendant

Appellate Division of the Supreme Court of the State of New York, Fourth Department.

November 19, 1997

Order unanimously affirmed without costs.

Memorandum:

Defendant Rome Polymer, Inc. (Rome), applied to plaintiff for a loan guaranteed by the United States Small Business Administration in the amount of $217,000. Plaintiff agreed to the loan, conditioned upon, inter alia, the pledge of certain collateral held by defendants John Kofskie and Elaine Amidon, and the execution of personal guaranties by Stephen Babinchak and defendants Kofskie, Amidon and...

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