Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

1st Constitution Bank Loans

 

 
Loan Census SBA Loan Info

Financing for Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers

Looking for commercial loans for jewelry, watch, precious stone, and precious metal merchant wholesalers? Try the SBA. This $25,000 jewelry, watch, precious stone, and precious metal merchant wholesalers loan was issued by a New Jersey bank.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with 1st Constitution Bank, out of Cranbury, New Jersey. The loan was granted and they received $25,000 to help grow their New York, New York business.

SBA Loan Borrower

COMPANY TYPE: JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS
New York, NY 10036

SBA Loan Lender

1ST CONSTITUTION BANK
RTE 130 & DEY RD
CRANBURY, NJ 08512

This 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

423940 - Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers

Loan Approval Date

10/12/2007

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in New York NY, you ought to talk with a local New York SBA lender or talk with an out-of-area SBA lender that has previously loaned money to New York 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:

The Friends and Family Network

Good Banks for Small Business in Cranbury, New Jersey

New Jersey SBA 7A Lenders