Commercial Loans for Personal and Household Goods Repair and Maintenance
Looking for commercial loans for personal and household goods repair and maintenance? An SBA loan may be just what you've been looking for. This $325,000 personal and household goods repair and maintenance loan was issued by a New Jersey bank.
This business knew how to go about getting a business bank loan. Based in Saddle Brook (township Of), New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Td Banknorth, based in Saddle Brook, New Jersey.
SBA Loan Borrower
COMPANY TYPE: PERSONAL AND HOUSEHOLD GOODS REPAIR AND MAINTENANCE
SADDLE BROOK (TOWNSHIP OF), NJ 07662
SBA Loan Lender
TD BANKNORTH
PARK 80 WEST/PLAZA 2
SADDLE BROOK, NJ 07663
This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
811490 - Personal and Household Goods Repair and Maintenance
Loan Approval Date
7/1/2004
Loan Approval Gross Amount
$325,000
Loan Approval from the SBA
Of the total $325,000 loan amount, the SBA guaranteed $243,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Td Banknorth that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Equity Financing
Find an SBA Lender in Saddle Brook, New Jersey
SBA New Jersey Banks