Get an SBA Loan for Radio, Television, and Electronics Stores
Looking for loans for radio, television, and electronics stores? An SBA loan may be just what you've been looking for. This $28,000 radio, television, and electronics stores loan was issued by a North Carolina bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Aberdeen, New Jersey was able to borrow $28,000 from Bank Of America. The SBA made the loan possible by guaranteeing $14,000 of this New Jersey small business loan.
SBA Loan Borrower
COMPANY TYPE: RADIO, TELEVISION, AND ELECTRONICS STORES
ABERDEEN, NJ 07747
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
443112 - Radio, Television, and Electronics Stores
Loan Approval Date
5/24/2006
Loan Approval Gross Amount
$28,000
Loan Approval from the SBA
Of the total $28,000 loan amount, the SBA guaranteed $14,000.
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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
If you have been wondering how do i get money to start a business in Aberdeen NJ, you ought to talk with a local Aberdeen SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Aberdeen businesses.
We can help you find the best banks for small businesses in Aberdeen 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.
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