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November 16, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Clinton, Business Loans > Unity Bank Clinton Business Loans > Eating Places Loan | ||||
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New Jersey Bank SBA Loans
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Unity Bank SBA Loan to Eating Places CompanyWant a Pennsylvania business loan? Here's one Pennsylvania business loan that was approved by the SBA. This small business needed an SBA business loan in Bristol, Pennsylvania back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Unity Bank, operating out of Clinton, New Jersey. Here are the details on this Pennsylvania small business loan. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender UNITY BANK This lender provides SBA debt financing 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. SIC Code 5812 - Eating Places Loan Approval Date 6/16/2000 Loan Approval Gross Amount $130,000 Loan Approval from the SBA Of the total $130,000 loan amount, the SBA guaranteed $97,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 5 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Small Bank Loans in Clinton, New Jersey
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