Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

SBA Lenders in New Jersey

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Sign Manufacturing

Looking for commercial loans for sign manufacturing? Try the SBA. This $125,000 sign manufacturing loan was issued by a New Jersey bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with The Provident Bank, out of Jersey City, New Jersey. The loan was granted and they received $125,000 to help grow their Jersey City, New Jersey business.

SBA Loan Borrower

COMPANY TYPE: SIGNS AND ADVERTISING SPECIALTIES
JERSEY CITY, NJ 20165

SBA Loan Lender

THE PROVIDENT BANK
830 BERGEN AVE
JERSEY CITY, NJ 07306

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3993 - Signs and Advertising Specialties

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

2/16/2001

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

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 15 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from The Provident Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Financing Your Business

SBA 7A Lenders in Jersey City, New Jersey

New Jersey SBA 7A Banks