Aberdeen Township, NJ Entrepreneur Gets SBA Loan to Buy Just-A-Buck Franchise
Need money to invest in a Just-A-Buck franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Just-A-Buck franchise is doable. In 2005, Cit Small Business Lending Corp issued an SBA franchise loan to an entrepreneur in Aberdeen Township, New Jersey. Because Just-A-Buck was registered with the SBA's registry of franchises, this New Jersey small business loan was issued on an expedited basis.
SBA Loan Borrower
JUST A BUCK
ABERDEEN TOWNSHIP, NJ 07747
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
453998 - Store Retailers
Loan Approval Date
6/1/2005
Loan Approval Gross Amount
$173,000
Loan Approval from the SBA
Of the total $173,000 loan amount, the SBA guaranteed $129,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Just-A-Buck franchise. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the funding would help create 3 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This SBA loan was for $173,000. How would you spend $173,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Just-A-Buck
Business Incubators
Who Lends Money to Small Businesses in Livingston, New Jersey
Getting an SBA Loan in New Jersey