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May 8, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Somerville, Business Loans > Skylands Community Bank Somerville Business Loans > Communications Services Loan | ||||
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New Jersey SBA 7A Lenders
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Entrepreneur Works With Somerville, New Jersey Bank to Get an SBA LoanGet small business loans from a Somerville, New Jersey bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Skylands Community Bank is a Somerville, New Jersey small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a New Jersey company. SBA Loan Borrower COMPANY TYPE: COMMUNICATIONS SERVICES SBA Loan Lender SKYLANDS COMMUNITY BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4899 - Communications Services Loan Approval Date 7/5/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $112,500. 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 11 employees. The SBA loan documents indicated that the loan would help retain 11 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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 7A Lenders in Somerville, New Jersey
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