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May 12, 2024  
 
 
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We Needed an SBA Loan in Sayreville, New Jersey and We Got One!

 

 
Loan Census SBA Loan Info

Bank Loans for Process, Physical Distribution, and Logistics Consulting Services

Looking for bank loans for process, physical distribution, and logistics consulting services? Talk to a banker who works with the SBA. This $1,000,000 process, physical distribution, and logistics consulting services loan was issued by a New Jersey bank.

Getting a small business loan in Sayreville, New Jersey was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Ups Cap. Business Cr. - New Jersey, operating out of Edison, New Jersey. Here are the details on this New Jersey small business loan.

SBA Loan Borrower

COMPANY TYPE: PROCESS, PHYSICAL DISTRIBUTION, AND LOGISTICS CONSULTING SERVICES
Sayreville, NJ 08872

SBA Loan Lender

UPS CAP. BUSINESS CR. - NEW JERSEY
2025 LINCOLN HIGHWAY, SUITE 1
EDISON, NJ 08817

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

541614 - Process, Physical Distribution, and Logistics Consulting Services

Loan Approval Date

12/19/2007

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.

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 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 $1,000,000 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:

Getting a Small Business Loan

SBA Banks in Edison, New Jersey

New Jersey SBA Banks