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May 3, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Coin-Operated Laundries And Drycleaning Loan | ||||
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I Need Commercial Loans in Mountain View, California
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Coin-Operated Laundries and Drycleaners Business LoansLooking for business loans for coin-operated laundries and drycleaners? An SBA loan may be just what you've been looking for. This $400,000 coin-operated laundries and drycleaners loan was issued by a New Jersey bank. Getting a small business loan in Mountain View, California was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Cit Small Business Lending Corp, operating out of Livingston, New Jersey. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: COIN-OPERATED LAUNDRIES AND DRYCLEANING SBA Loan Lender CIT SMALL BUSINESS LENDING CORP At the time this loan was granted, the lender participated in the SBA's Certified Lenders Program (CLP). This program is designed to provide expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7215 - Coin-Operated Laundries and Drycleaning NAICS Code 812310 - Coin-Operated Laundries and Drycleaners Loan Approval Date 12/4/2000 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. 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 5 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you want money for new small business in Mountain View CA, you ought to talk with a local Mountain View SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mountain View businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $400,000 loan. Remember, things become real when you believe you can achieve them! 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 Livingston, New Jersey
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