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May 16, 2024  
 
 
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We Needed a Small Business Loan in Monroe, New Jersey and We Got One!

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Amusement and Recreation Industries

Looking for small business loans for amusement and recreation industries? An SBA loan may be just what you've been looking for. This $200,000 amusement and recreation industries loan was issued by a New Jersey bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Sun National Bank, out of Vineland, New Jersey. The loan was granted and they received $200,000 to help grow their Monroe, New Jersey business.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES
MONROE, NJ 08831

SBA Loan Lender

SUN NATIONAL BANK
226 LANDIS AVE
VINELAND, NJ 08360

This SBA business 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

713990 - Amusement and Recreation Industries

Loan Approval Date

7/20/2007

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

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 120 employees. The SBA loan documents indicated that the loan would help generate 40 new jobs and retain 120 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you want money for new small business in Monroe NJ, you ought to talk with a local Monroe SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Monroe businesses.

While you may be able to find other ways to get money to start a business, 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:

Financing Your Business

SBA 7A Lenders in Vineland, New Jersey

Where to Get an SBA Loan New Jersey