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May 17, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Newfoundland, Business Loans > Lakeland Bank Newfoundland Business Loans > Baked Goods Stores Loan | ||||
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Franklin Lakes (campgan), New Jersey Bank Loan
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Commercial Loans for Baked Goods StoresLooking for commercial loans for baked goods stores? The SBA may be the answer. This $275,000 baked goods stores loan was issued by a New Jersey bank. This business knew how to go about getting a business bank loan. Based in Franklin Lakes (campgan), New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Lakeland Bank, based in Newfoundland, New Jersey. SBA Loan Borrower COMPANY TYPE: BAKED GOODS STORES SBA Loan Lender LAKELAND BANK This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445291 - Baked Goods Stores Loan Approval Date 7/25/2005 Loan Approval Gross Amount $275,000 Loan Approval from the SBA Of the total $275,000 loan amount, the SBA guaranteed $206,250. 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are raising money in Franklin Lakes (campgan) NJ, you ought to talk with a local Franklin Lakes (campgan) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Franklin Lakes (campgan) businesses. We've showcased information on this loan to let you know that businesses like yours 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: Family and Friend Investors - Your First Financiers Where to Get an SBA Loan in Newfoundland, New Jersey
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