 |
 |
May 3, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Dentists Loan | ||||
 |
||||
What Does It Take to Get a Business Loan in Nutley, New Jersey?
|
||||
 |
Dentists SBA LoansWith these SBA loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $466,000 was given to a New Jersey entrepreneur in 2006. Getting a small business loan in Nutley, New Jersey was important for this small business back in 2006 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 New Jersey small business loan. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender CIT SMALL BUSINESS LENDING CORP Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 3/3/2006 Loan Approval Gross Amount $466,000 Loan Approval from the SBA Of the total $466,000 loan amount, the SBA guaranteed $349,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had no employees. This SBA loan request indicated that the funding would help generate 2 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. This SBA loan was for $466,000. How would you spend $466,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: The Friends and Family Network SBA 7A Banks in Livingston, New Jersey
|
|
||
|
||||
|
|
||||