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May 10, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Succasunna, Business Loans > Skylands Community Bank Succasunna Business Loans > Physicians Loan | ||||
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How to Get SBA Loans in Sparta, New Jersey
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Physicians Commercial LoansLooking for commercial loans for physicians? Try the SBA. This $95,000 physicians loan was issued by a New Jersey bank. Getting a small business loan in Sparta, New Jersey was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Skylands Community Bank, operating out of Succasunna, New Jersey. Here are the details on this New Jersey small business loan. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender SKYLANDS COMMUNITY BANK This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621111 - Physicians Loan Approval Date 2/23/2004 Loan Approval Gross Amount $95,000 Loan Approval from the SBA Of the total $95,000 loan amount, the SBA guaranteed $80,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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 $95,000 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: Banks in Succasunna, New Jersey
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