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November 15, 2024  
 
 
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Livingston, New Jersey Bank Lends Money to Specialty Food Stores Company in Alpharetta, Georgia

Want to talk with a Livingston, New Jersey bank about a small business loan? Here's one Georgia business loan, issued by a Livingston bank, that was approved by the SBA.

Applying for an SBA loan with Cit Small Business Lending Corp worked out well for our friends at one local firm in Alpharetta, Georgia. They received an SBA loan for $217,300. Great job!

SBA Loan Borrower

COMPANY TYPE: SPECIALTY FOOD STORES
ALPHARETTA, GA 30004

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445299 - Specialty Food Stores

Loan Approval Date

12/12/2003

Loan Approval Gross Amount

$217,300

Loan Approval from the SBA

Of the total $217,300 loan amount, the SBA guaranteed $162,975.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the funding would help create 8 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $217,300. How would you spend $217,300 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:

Obtaining Funding From a Venture Capitalist

Small Business Banks in Livingston, New Jersey

Find an SBA Lender in New Jersey