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May 1, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Paramus, Business Loans > Columbia Bank Paramus Business Loans > Specialty Trade Contractors Loan | ||||
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We Needed a Business Loan in Montvale, New Jersey and We Got One!
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Raising Money for Specialty Trade ContractorsLooking for bank loans for specialty trade contractors? An SBA loan may be just what you've been looking for. This $350,000 specialty trade contractors loan was issued by a New Jersey bank. Getting a small business loan in Montvale, New Jersey was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Columbia Bank, operating out of Paramus, New Jersey. Here are the details on this New Jersey small business loan. SBA Loan Borrower COMPANY TYPE: SPECIALTY TRADE CONTRACTORS SBA Loan Lender COLUMBIA BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238990 - Specialty Trade Contractors Loan Approval Date 5/14/2007 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $262,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 7 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Columbia Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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 Approved Banks in Paramus, New Jersey
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