Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

SBA Lender Mahwah

 

 
Loan Census SBA Loan Info

Mahwah, New Jersey Bank Lends Money to Automotive Body, Paint, And Interior Repair And Maintenance Company in Mount Ephraim, New Jersey

Want to talk with a Mahwah, New Jersey bank about a small business loan? Here's one New Jersey business loan, issued by a Mahwah bank, that was approved by the SBA.

Applying for an SBA loan with Td Banknorth worked out well for our friends at one local firm in Mount Ephraim, New Jersey. The business was able to get an SBA loan for $150,000. Nice!

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE BODY, PAINT, AND INTERIOR REPAIR AND MAINTENANCE
MOUNT EPHRAIM, NJ 08035

SBA Loan Lender

TD BANKNORTH
1000 MACARTHUR BLVD
MAHWAH, NJ 07430

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

811121 - Automotive Body, Paint, and Interior Repair and Maintenance

Loan Approval Date

6/20/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

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 9 employees. The SBA loan application for the borrower indicated that the loan would help retain 9 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We've showcased information on this loan to let you know that businesses like yours 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.

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