Loan Census Banking News and Information
April 24, 2024  
 
 
  Business Loan Information  
 

Banks for Oakland, New Jersey Business Owners

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Beard Papa's Fresh'N Natural Cream P Franchise

Need money to purchase a Beard Papa's Fresh'N Natural Cream P franchise? Washington Mutual Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Beard Papa's Fresh'N Natural Cream P franchise shouldn't be too tough. In 2006, Washington Mutual Bank issued an SBA franchise loan to an entrepreneur in Oakland, New Jersey. Because Beard Papa's Fresh'N Natural Cream P was registered with the SBA's registry of franchises, this New Jersey small business loan was issued on an expedited basis.

SBA Loan Borrower

BEARD PAPA'S FRESH'N NATURAL C
OAKLAND, NJ 07436

SBA Loan Lender

WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014

This business 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

445291 - Baked Goods Stores

Loan Approval Date

5/12/2006

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Beard Papa's Fresh'N Natural Cream P franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are raising money in Oakland NJ, you ought to talk with a local Oakland SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Oakland businesses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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