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May 10, 2024  
 
 
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Raising Money in Dunellen, New Jersey With SBA Loans

 

 
Loan Census SBA Loan Info

How to Get a Loan for Food Supplement Stores

Looking for business loans for food supplement stores? An SBA loan may be just what you've been looking for. This $59,800 food supplement stores loan was issued by a Rhode Island bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dunellen, New Jersey was able to borrow $59,800 from Bank Of America. The SBA made the loan possible by guaranteeing $29,900 of this New Jersey small business loan.

SBA Loan Borrower

COMPANY TYPE: FOOD SUPPLEMENT STORES
DUNELLEN, NJ 08812

SBA Loan Lender

BANK OF AMERICA
111 WESTMINSTER ST
PROVIDENCE, RI 02903

This lender processed this 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

446191 - Food Supplement Stores

Loan Approval Date

12/14/2001

Loan Approval Gross Amount

$59,800

Loan Approval from the SBA

Of the total $59,800 loan amount, the SBA guaranteed $29,900.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start a small business or need money to grow a business, an SBA loan can be a great funding source

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

The Friends and Family Network

Find an SBA Lender in Providence, Rhode Island

Where to Get an SBA Loan Rhode Island