 |
 |
May 8, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Fairfield, Business Loans > Sovereign Bank Fairfield Business Loans > Hardware Stores Loan | ||||
 |
||||
SBA Lenders for Entrepreneurs in New Jersey
|
||||
 |
New Jersey Bank Loan Issued to Hardware Stores CompanyLooking to get a New Jersey bank loan? This New Jersey entrepreneur got a bank loan, provided by a New Jersey bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in Boonton, New Jersey by studying this loan to a local company, made back in 2001. Banks like Sovereign Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: HARDWARE STORES SBA Loan Lender SOVEREIGN BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide debt financing to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5251 - Hardware Stores NAICS Code 444130 - Hardware Stores Loan Approval Date 11/1/2001 Loan Approval Gross Amount $280,000 Loan Approval from the SBA Of the total $280,000 loan amount, the SBA guaranteed $210,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the business planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Accountant's Role in Securing Financing Best Banks in Fairfield, New Jersey
|
|
||
|
||||
|
|
||||