Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Clinton, New Jersey SBA Lenders

 

 
Loan Census SBA Loan Info

Clinton, New Jersey Lender Lends Money to Photofinishing Laboratories Company

Thinking about meeting with a Clinton, New Jersey bank about an SBA loan? Here's one New York business loan, issued by a Clinton bank, that was approved by the SBA.

Applying for an SBA loan with Unity Bank worked out well for our friends at one local firm in West Hempstead, New York. They received an SBA loan for $425,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: PHOTOFINISHING LABORATORIES
WEST HEMPSTEAD, NY 11552

SBA Loan Lender

UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809

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

812921 - Photofinishing Laboratories

Loan Approval Date

8/7/2003

Loan Approval Gross Amount

$425,000

Loan Approval from the SBA

Of the total $425,000 loan amount, the SBA guaranteed $318,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 20 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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