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May 18, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Dentists Loan | ||||
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SBA Lender Livingston
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Livingston, New Jersey Bank Lends Money to Dentists Company in Summerville, South CarolinaWant to talk with a Livingston, New Jersey bank about a business loan? Here's one South Carolina business loan, issued by a Livingston bank, that was approved by the SBA. Applying for an SBA loan with Cit Small Business Lending Corp worked out well for our friends at one local business in Summerville, South Carolina. The business was able to get an SBA loan for $169,000. Nice! SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender CIT SMALL BUSINESS LENDING CORP The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide debt financing to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 11/16/2006 Loan Approval Gross Amount $169,000 Loan Approval from the SBA Of the total $169,000 loan amount, the SBA guaranteed $126,750. More Information on This SBA Loan The borrower borrowed this money for a new 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 only one employee. The loan application did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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 Livingston, New Jersey
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