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May 17, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Fairfield, Business Loans > Sovereign Bank Fairfield Business Loans > Publishing Loan | ||||
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Sovereign Bank Business Loans
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Getting an SBA Loan for PublishersLooking for SBA loans for publishers? An SBA loan may be just what you've been looking for. This $189,000 publishers loan was issued by a New Jersey bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Moorestown, New Jersey was able to borrow $189,000 from Sovereign Bank. The SBA made the loan possible by guaranteeing $141,750 of this New Jersey small business loan. SBA Loan Borrower COMPANY TYPE: PUBLISHING SBA Loan Lender SOVEREIGN BANK This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2741 - Publishing NAICS Code 511199 - Publishers Loan Approval Date 10/24/2001 Loan Approval Gross Amount $189,000 Loan Approval from the SBA Of the total $189,000 loan amount, the SBA guaranteed $141,750. 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 2 employees. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We can help you find the best banks for small businesses in Moorestown or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Obtaining Funding - Friends and Family Best Banks in Fairfield, New Jersey
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