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May 12, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Clinton, Business Loans > Unity Bank Clinton Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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SBA Lender Clinton, New Jersey
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Entrepreneur Works With Clinton, New Jersey Bank to Get an SBA LoanThinking about meeting with a Clinton, New Jersey bank about an SBA loan? Here's one Pennsylvania business loan, issued by a Clinton bank, that was approved by the SBA. Applying for an SBA loan with Unity Bank worked out well for our friends at one local firm in Drums, Pennsylvania. They received an SBA loan for $269,000. Nice! SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender UNITY BANK This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 7/25/2005 Loan Approval Gross Amount $269,000 Loan Approval from the SBA Of the total $269,000 loan amount, the SBA guaranteed $201,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Who Lends Money to Small Businesses in Clinton, New Jersey
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