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April 27, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Toy And Hobby Goods And Supplies Merchant Wholesalers Loan | ||||
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Best Banks That Lend to Flemington Business Owners
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Flemington, New Jersey Entrepreneur Gets an SBA LoanWould a New Jersey business loan help your company expand? If so, you may want to talk with this California bank, which offers SBA loans to New Jersey entrepreneurs. You can learn something about getting a small business loan in Flemington, New Jersey by studying this loan to a local business, made back in 2007. Banks like Wachovia Sba Lending, Inc. may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: TOY AND HOBBY GOODS AND SUPPLIES MERCHANT WHOLESALERS SBA Loan Lender WACHOVIA SBA LENDING, INC. Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 423920 - Toy and Hobby Goods and Supplies Merchant Wholesalers Loan Approval Date 3/16/2007 Loan Approval Gross Amount $456,000 Loan Approval from the SBA Of the total $456,000 loan amount, the SBA guaranteed $342,000. 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 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs. Next Steps for Getting an SBA Loan If you are wondering how to raise money for a business in Flemington NJ, you ought to talk with a local Flemington SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Flemington businesses. While you may be able to find business people willing to loan money, 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: Realistic Debt Financing Options Small Bank Loans in Roseville, California
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