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April 19, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > North Plainfield, Business Loans > Valley National Bank North Plainfield Business Loans > One Hour Moto Photo Loan | ||||
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Where Can I Find Franchise Loans in Wayne, New Jersey?
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Valley National Bank Provides SBA Loan to Buy Moto Photo FranchiseNeed money to buy a Moto Photo franchise? Valley National Bank has a history of making these loans and they are guaranteed by the SBA. Moto Photo franchise loans are available to Wayne, New Jersey entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Valley National Bank, based in North Plainfield, New Jersey, issued an SBA franchise loan for a Moto Photo franchise in 2002. We've got all the details on this New Jersey small business loan. SBA Loan Borrower ONE HOUR MOTO PHOTO SBA Loan Lender VALLEY NATIONAL BANK 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 443130 - Camera and Photographic Supplies Stores Loan Approval Date 8/2/2002 Loan Approval Gross Amount $223,600 Loan Approval from the SBA Of the total $223,600 loan amount, the SBA guaranteed $167,700. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Moto Photo franchise. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Wayne 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: SBA Participating Banks in North Plainfield, New Jersey
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