Pnc Bank, National Association Gives SBA Loan to Landscape Counseling And Planning Company
Small business loans in New Jersey are hard to find these days. We take a look at one New Jersey small business loan, provided by a New Jersey bank, that was approved by the SBA.
You can learn something about getting a small business loan in Bridgeton, New Jersey by studying this loan to a local company, made back in 2000. Banks like Pnc Bank, National Association may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPE COUNSELING AND PLANNING
BRIDGETON, NJ 08302
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
99 RAMBLEWOOD PKWY & RTE 73
MOUNT LAUREL, NJ 08054
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
0781 - Landscape Counseling and Planning
Loan Approval Date
8/2/2000
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $80,000.
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 4 employees. This SBA loan request did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Determining Proper Capital Structure for a Business
Who Lends Money to Small Businesses in Mount Laurel, New Jersey
Browse All Business Loan Sources for New Jersey