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May 19, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > North Plainfield, Business Loans > Valley National Bank North Plainfield Business Loans > Convenience Stores Loan | ||||
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North Plainfield SBA Lenders
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North Plainfield, New Jersey Bank Lends Money to Convenience Stores Company in Glenelg, MarylandGet SBA loans from a North Plainfield, New Jersey bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Valley National Bank is a North Plainfield, New Jersey small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Maryland company. SBA Loan Borrower COMPANY TYPE: CONVENIENCE STORES SBA Loan Lender VALLEY NATIONAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445120 - Convenience Stores Loan Approval Date 9/21/2001 Loan Approval Gross Amount $122,400 Loan Approval from the SBA Of the total $122,400 loan amount, the SBA guaranteed $104,040. 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 9 employees. The loan application indicated that the loan would help retain 9 existing jobs. Getting an SBA Loan For Your Business If you are wondering how to raise money for a business in Glenelg MD, you ought to talk with a local Glenelg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Glenelg businesses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Valley National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Valley National Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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 Banks in North Plainfield, New Jersey
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