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May 17, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Edison, Business Loans > Ups Cap. Business Cr. - New Jersey Edison Business Loans > Plumbing, Heating, And Air-Conditioning Contractors Loan | ||||
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Banks in Edison, New Jersey That Make SBA Loans
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Entrepreneur Works With Edison, New Jersey Bank to Get an SBA LoanFind Edison, New Jersey banks that specialize in SBA loans and know how to work with entrepreneurs. Ups Cap. Business Cr. - New Jersey is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Dover, New Jersey starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Ups Cap. Business Cr. - New Jersey. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS SBA Loan Lender UPS CAP. BUSINESS CR. - NEW JERSEY As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238220 - Plumbing, Heating, and Air-Conditioning Contractors Loan Approval Date 6/27/2007 Loan Approval Gross Amount $730,000 Loan Approval from the SBA Of the total $730,000 loan amount, the SBA guaranteed $547,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 22 employees. The SBA loan application for the borrower indicated that the loan would help retain 21 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Ups Cap. Business Cr. - New Jersey and they will explain how you can get an SBA loan for your company. 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: Banking Deregulation's Effects on Entrepreneurship Where to Get an SBA Loan in Edison, New Jersey
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