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May 15, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > North Plainfield, Business Loans > Valley National Bank North Plainfield Business Loans > Beauty Salons Loan | ||||
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Rockaway, New Jersey Bank for SBA Loans
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Where to Get Capital for Beauty SalonsLooking for small business loans for beauty salons? The SBA may be the answer. This $197,500 beauty salons loan was issued by a New Jersey bank. This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Valley National Bank, out of North Plainfield, New Jersey. The loan was granted and they received $197,500 to help grow their Rockaway, New Jersey business. SBA Loan Borrower COMPANY TYPE: BEAUTY SALONS SBA Loan Lender VALLEY NATIONAL BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812112 - Beauty Salons Loan Approval Date 5/26/2004 Loan Approval Gross Amount $197,500 Loan Approval from the SBA Of the total $197,500 loan amount, the SBA guaranteed $148,125. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money We can help you find the best banks for small businesses in Rockaway 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: SBA Approved Banks in North Plainfield, New Jersey Getting an SBA Loan in New Jersey
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