Cherry Hill, New Jersey Bank Lends Money to Office Supplies And Stationery Company in Aston, Pennsylvania
Get to know Cherry Hill, New Jersey banks that specialize in small business loans and know how to work with entrepreneurs. Isn Bank is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Aston, Pennsylvania starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Isn Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
ASTON, PA 19014
SBA Loan Lender
ISN BANK
457 HADDONFIELD RD, LIBERTYVI
CHERRY HILL, NJ 08002
This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453210 - Office Supplies and Stationery
Loan Approval Date
3/11/2003
Loan Approval Gross Amount
$1,170,000
Loan Approval from the SBA
Of the total $1,170,000 loan amount, the SBA guaranteed $877,500.
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 3 employees. This SBA loan request did not indicate that the small business promised to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Isn Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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 - Getting Venture Capital
Find an SBA Lender in Cherry Hill, New Jersey
New Jersey SBA Bank Lenders