Loan Census Banking News and Information
April 18, 2024  
 
 
  Business Loan Information  
 

We Needed a Business Loan in Saddle Brook (township Of), New Jersey and We Got One!

 

 
Loan Census SBA Loan Info

Commercial Printing SBA Loans

With these SBA loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $250,000 was given to a New Jersey entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Saddle Brook (township Of), New Jersey was able to borrow $250,000 from Columbia Bank. The SBA made the loan possible by guaranteeing $187,500 of this New Jersey small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
SADDLE BROOK (TOWNSHIP OF), NJ 07853

SBA Loan Lender

COLUMBIA BANK
RTE 4 EAST, STE 304, BERGEN M
PARAMUS, NJ 07652

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.

NAICS Code

323119 - Commercial Printing

Loan Approval Date

11/23/2004

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 26 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 26 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in Saddle Brook (township Of) or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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