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April 27, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Store Retailers Loan | ||||
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SBA Lenders New Jersey
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Livingston, New Jersey Lender Lends Money to Store Retailers CompanyThinking about meeting with a Livingston, New Jersey bank about a small business loan? Here's one California 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 Citrus Heights, California. They received an SBA loan for $565,000. Great job! SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453998 - Store Retailers Loan Approval Date 2/14/2005 Loan Approval Gross Amount $565,000 Loan Approval from the SBA Of the total $565,000 loan amount, the SBA guaranteed $423,750. 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. The loan application indicated that the loan would help retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? 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: SBA Participating Banks in Livingston, New Jersey Getting an SBA Loan in New Jersey
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