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May 15, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Toms River, Business Loans > Commerce Bank Toms River Business Loans > Personal Services Loan | ||||
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We Needed a Business Loan in Oakhurst, New Jersey and We Got One!
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Raising Money for Personal ServicesLooking for business loans for personal services? The SBA may be the answer. This $56,000 personal services loan was issued by a New Jersey bank. This small business knew how to go about getting a business bank loan. Based in Oakhurst, New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Commerce Bank, based in Toms River, New Jersey. SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender COMMERCE BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 812990 - Personal Services Loan Approval Date 12/4/2001 Loan Approval Gross Amount $56,000 Loan Approval from the SBA Of the total $56,000 loan amount, the SBA guaranteed $28,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start business in Oakhurst NJ, you ought to talk with a local Oakhurst SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Oakhurst businesses. We can help you find the best banks for small businesses in Oakhurst 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 Small Business Banks in Toms River, New Jersey Browse All Business Loan Sources for New Jersey
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