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April 25, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Providence, Business Loans > Bank Of America Providence Business Loans > New Horizon Clc Of Princeton Loan | ||||
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How to Get SBA Loans in Princeton, New Jersey
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Loan to Buy New Horizon Computer Learning Center Franchise Issued By Bank Of AmericaBorrowing money to invest in a New Horizon Computer Learning Center franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA. If you live near Princeton, New Jersey and are interested in buying a New Horizon Computer Learning Center franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Bank Of America. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower NEW HORIZON CLC OF PRINCETON SBA Loan Lender BANK OF AMERICA This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 611420 - Computer Training Loan Approval Date 3/27/2001 Loan Approval Gross Amount $11,300 Loan Approval from the SBA Of the total $11,300 loan amount, the SBA guaranteed $5,650. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a New Horizon Computer Learning Center franchise. At the time of the loan, the company had 27 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 27 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $11,300 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: New Horizons Computer Learning Centers, Inc. Family and Friend Investors - Your First Financiers Best Providence, Rhode Island Banks for Small Business SBA Participating Banks in Rhode Island
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