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November 22, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Toms River, Business Loans > Commerce Bank Toms River Business Loans > Store Retailers Loan | ||||
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Banks Doing SBA Loans in New Jersey
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Toms River, New Jersey Bank Lends Money to Store Retailers Company in Brick Town (local Name Laurelt, New JerseyWant to talk with a Toms River, New Jersey bank about a business loan? Here's one New Jersey business loan, issued by a Toms River bank, that was approved by the SBA. Applying for an SBA loan with Commerce Bank worked out well for our friends at one local business in Brick Town (local Name Laurelt, New Jersey. They got an SBA loan for $25,000. Way to go! SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender COMMERCE BANK This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 453998 - Store Retailers Loan Approval Date 9/17/2001 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help create 3 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: SBA 7A Banks for Toms River, New Jersey Loans
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