How to Get a Loan for Commercial and Institutional Building Construction

Looking for business loans for commercial and institutional building construction? The SBA may be the answer. This $75,000 commercial and institutional building construction loan was issued by a New Jersey bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Brick Town (local Name Laurelt, New Jersey was able to borrow $75,000 from Unity Bank. The SBA made the loan possible by guaranteeing $37,500 of this New Jersey small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL AND INSTITUTIONAL BUILDING CONSTRUCTION
BRICK TOWN (LOCAL NAME LAURELT, NJ 08724

SBA Loan Lender

UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809

The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

233320 - Commercial and Institutional Building Construction

Loan Approval Date

9/30/2002

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

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. The loan application indicated that the loan would help retain 3 existing jobs.

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

If you are wondering how to raise money for a company in Brick Town (local Name Laurelt NJ, you ought to talk with a local Brick Town (local Name Laurelt SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Brick Town (local Name Laurelt businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Unity Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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