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May 10, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Providence, Business Loans > Bank Of America Providence Business Loans > Food Supplement Stores Loan | ||||
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East Orange, New Jersey Bank for SBA Loans
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Business Loans for Food Supplement StoresWith these business loans for food supplement stores, the SBA guarantees the lender that the loan will be repaid. This food supplement stores loan for $8,400 was given to a New Jersey entrepreneur in 2002. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in East Orange, New Jersey was able to borrow $8,400 from Bank Of America. The SBA made the loan possible by guaranteeing $4,200 of this New Jersey small business loan. SBA Loan Borrower COMPANY TYPE: FOOD SUPPLEMENT STORES SBA Loan Lender BANK OF AMERICA This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 8/21/2002 Loan Approval Gross Amount $8,400 Loan Approval from the SBA Of the total $8,400 loan amount, the SBA guaranteed $4,200. 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 only one employee. The loan application indicated that the loan would help retain 1 existing job. Next Steps for Getting an SBA Loan If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding. This SBA loan was for $8,400. How would you spend $8,400 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 7A Banks for Providence, Rhode Island Loans
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