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April 28, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Oakland, Business Loans > Innovative Bank Oakland Business Loans > Marketing Consulting Services Loan | ||||
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How Hard Is It to Get a Small Business Loan in Union City, New Jersey?
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Financing for Marketing Consulting ServicesLooking for commercial loans for marketing consulting services? Try the SBA. This $20,000 marketing consulting services loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Union City, New Jersey was able to borrow $20,000 from Innovative Bank. The SBA made the loan possible by guaranteeing $17,000 of this New Jersey small business loan. SBA Loan Borrower COMPANY TYPE: MARKETING CONSULTING SERVICES SBA Loan Lender INNOVATIVE BANK This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541613 - Marketing Consulting Services Loan Approval Date 6/21/2007 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $17,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 8 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We can help you find the best banks for small businesses in Union City 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: Obtaining Funding - Friends and Family Where to Get an SBA Loan in Oakland, California
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