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May 2, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > News Dealers And Newsstands Loan | ||||
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Livingston, New Jersey Bank for SBA Loans
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Livingston, New Jersey Bank Gives SBA Loan to News Dealers And Newsstands CompanyWant to talk with a Livingston, New Jersey bank about a small business loan? Here's one North Carolina business loan, issued by a Livingston bank, that was approved by the SBA. Applying for an SBA loan with Cit Small Business Lending Corp worked out well for our friends at one local company in Raleigh, North Carolina. The business was able to get an SBA loan for $128,000. Awesome! SBA Loan Borrower COMPANY TYPE: NEWS DEALERS AND NEWSSTANDS SBA Loan Lender CIT SMALL BUSINESS LENDING CORP As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 451212 - News Dealers and Newsstands Loan Approval Date 6/17/2004 Loan Approval Gross Amount $128,000 Loan Approval from the SBA Of the total $128,000 loan amount, the SBA guaranteed $108,800. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs. Start the Process for Getting an SBA Loan Today! 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. We've showcased information on this loan to let you know that businesses like yours 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. Related Links: SBA 7A Lenders in Livingston, New Jersey
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