 |
 |
May 18, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Fort Lee, Business Loans > Bnb Bank, National Association Fort Lee Business Loans > Stony Logistics Inc Loan | ||||
 |
||||
Rutherford, New Jersey Bank for SBA Loans
|
||||
 |
Rutherford, NJ Entrepreneur Gets SBA Loan to Buy Mail Boxes Etc. Usa FranchiseNeed money to invest in a Mail Boxes Etc. Usa franchise? Bnb Bank, National Association has a history of making these loans and they are guaranteed by the SBA. Mail Boxes Etc. Usa franchise loans are available to Rutherford, New Jersey entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bnb Bank, National Association, based in Fort Lee, New Jersey, issued an SBA franchise loan for a Mail Boxes Etc. Usa franchise in 2005. We've got all the details on this New Jersey small business loan. SBA Loan Borrower STONY LOGISTICS INC SBA Loan Lender BNB BANK, NATIONAL ASSOCIATION This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 561431 - Private Mail Centers Loan Approval Date 9/15/2005 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Mail Boxes Etc. Usa franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Bnb Bank, National Association so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 Banks for Fort Lee, New Jersey Loans
|
|
||
|
||||
|
|
||||