Loan Census Banking News and Information
April 16, 2024  
 
 
  Business Loan Information  
 

Tuscaloosa, Alabama Bank Loan

 

 
Loan Census SBA Loan Info

Bank Loans for Paint and Wallpaper Stores

Looking for bank loans for paint and wallpaper stores? Talk to a banker who works with the SBA. This $1,000,000 paint and wallpaper stores loan was issued by a New Jersey bank.

Getting a small business loan in Tuscaloosa, Alabama was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Cit Small Business Lending Corp, operating out of Livingston, New Jersey. Here are the details on this Alabama small business loan.

SBA Loan Borrower

COMPANY TYPE: PAINT AND WALLPAPER STORES
TUSCALOOSA, AL 35401

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

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

444120 - Paint and Wallpaper Stores

Loan Approval Date

9/23/2003

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 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 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Tuscaloosa AL, you ought to talk with a local Tuscaloosa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tuscaloosa businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Debt Financing

Where to Get an SBA Loan in Livingston, New Jersey

SBA New Jersey Lenders