Borrowing Money for Confectionery Wholesalers

Looking for loans for confectionery wholesalers? Talk to a banker who works with the SBA. This $115,000 confectionery wholesalers loan was issued by a New Jersey bank.

Getting a small business loan in Allentown, Pennsylvania was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Unitedtrust Bank, operating out of Phillipsburg, New Jersey. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: CONFECTIONERY
ALLENTOWN, PA 18103

SBA Loan Lender

UNITEDTRUST BANK
305 ROSEBERRY ST
PHILLIPSBURG, NJ 08865

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

5145 - Confectionery

NAICS Code

422450 - Confectionery Wholesalers

Loan Approval Date

9/18/2000

Loan Approval Gross Amount

$115,000

Loan Approval from the SBA

Of the total $115,000 loan amount, the SBA guaranteed $57,500.

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 6 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Financing Your Business

SBA Participating Banks in Phillipsburg, New Jersey

SBA Lenders in New Jersey