Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Fort Lee Lenders

 

 
Loan Census SBA Loan Info

Fort Lee, New Jersey Bank Gives SBA Loan to Beer, Wine, And Liquor Stores Company

Thinking about meeting with a Fort Lee, New Jersey bank about an SBA loan? Here's one New York business loan, issued by a Fort Lee bank, that was approved by the SBA.

Applying for an SBA loan with Bnb Bank, National Association worked out well for our friends at one local company in Bronx, New York. They got an SBA loan for $250,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
BRONX, NY 10459

SBA Loan Lender

BNB BANK, NATIONAL ASSOCIATION
2024 CENTER AVE
FORT LEE, NJ 07024

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

11/7/2007

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bnb Bank, National Association and they will explain how you can get an SBA loan for your company.

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 From a Venture Capitalist

Best Fort Lee, New Jersey Banks for Small Business

New Jersey SBA 7A Lenders