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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 > Farm And Garden Machinery And Equipment Loan | ||||
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Ringoes, New Jersey Bank for SBA Loans
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Skylands Community Bank Gives Bank Loan to Farm And Garden Machinery And Equipment CompanyWant a New Jersey business loan? This New Jersey entrepreneur got a business loan, provided by a New Jersey bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in Ringoes, New Jersey by studying this loan to a local business, made back in 2000. Banks like Skylands Community Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: FARM AND GARDEN MACHINERY AND EQUIPMENT 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 5083 - Farm and Garden Machinery and Equipment NAICS Code 421820 - Farm and Garden Machinery and Equipment Wholesalers Loan Approval Date 4/14/2000 Loan Approval Gross Amount $276,500 Loan Approval from the SBA Of the total $276,500 loan amount, the SBA guaranteed $207,375. More Information on This SBA Loan The borrower borrowed this money for an existing 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 3 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 3 existing jobs. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. While you may be able to borrow money from friends and family, 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: Small Business Banks in Somerville, New Jersey
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