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

I Need a Small Business Loan to Buy a Franchise in Shrewsbury, New Jersey

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Lady Of America Franchise

Need money to invest in a Lady Of America franchise? Commerce Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Shrewsbury, New Jersey and are interested in buying a Lady Of America franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Commerce Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

NJ LADIES EXPRESS COMPANIES IN
SHREWSBURY, NJ 07702

SBA Loan Lender

COMMERCE BANK
1101 HOOPER AVE
TOMS RIVER, NJ 08753

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

12/23/2002

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $35,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Lady Of America franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the funding would help create 4 new jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Shrewsbury 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.

Related Links:

Lady of America

Obtaining Funding - Getting Venture Capital

Best Banks for Small Business in Toms River, New Jersey

New Jersey SBA 7A Lenders