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April 27, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > New York, Business Loans > Loan Source Incorporated New York Business Loans > Roofing, Siding, And Sheet Metal Contractors Loan | ||||
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Raising Money in North Arlington, New Jersey With SBA Loans
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Bank Loans for Roofing, Siding, and Sheet Metal ContractorsLooking for bank loans for roofing, siding, and sheet metal contractors? An SBA loan may be just what you've been looking for. This $425,000 roofing, siding, and sheet metal contractors loan was issued by a New York bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in North Arlington, New Jersey was able to borrow $425,000 from Loan Source Incorporated. The SBA made the loan possible by guaranteeing $318,750 of this New Jersey small business loan. SBA Loan Borrower COMPANY TYPE: ROOFING, SIDING, AND SHEET METAL CONTRACTORS SBA Loan Lender LOAN SOURCE INCORPORATED This lender provides SBA guaranteed 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 235610 - Roofing, Siding, and Sheet Metal Contractors Loan Approval Date 10/26/2001 Loan Approval Gross Amount $425,000 Loan Approval from the SBA Of the total $425,000 loan amount, the SBA guaranteed $318,750. 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 37 employees. The SBA loan application for the borrower indicated that the loan would help retain 37 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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:
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