Weak Economy Leaves Long Island Nonprofits Squeezed by Banks

McMahon said he understood banks need to protect themselves, but he also said his organization is a good customer.

"We have a good record of paying it back," McMahon said.

SCO has approached almost a dozen other banks, but so far none have offered the group a line of credit.

"Certainly, they all got hit in the mortgage area pretty badly," McMahon said. "We can appreciate that problem. We get thrown in the same kettle of fish, and that's the part that just doesn't seem fair."