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May 13, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Saddle Brook, Business Loans > Td Banknorth Saddle Brook Business Loans > Beer, Wine, And Liquor Stores Loan | ||||
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Tips for Small Business Owners On Getting a Loan
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Beer, Wine, and Liquor Stores Business LoansLooking for business loans for beer, wine, and liquor stores? The SBA may be the answer. This $75,000 beer, wine, and liquor stores loan was issued by a New Jersey bank. This business knew how to go about getting a business bank loan. Based in Lyndhurst, New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Td Banknorth, based in Saddle Brook, New Jersey. SBA Loan Borrower COMPANY TYPE: BEER, WINE, AND LIQUOR STORES SBA Loan Lender TD BANKNORTH This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 10/3/2006 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 1 existing job. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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: SBA Participating Banks in Saddle Brook, New Jersey
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