Clinton, New Jersey Lender Lends Money to Building Equipment Installation Company
Thinking about meeting with a Clinton, New Jersey bank about an SBA loan? Here's one New York business loan, issued by a Clinton bank, that was approved by the SBA.
Applying for an SBA loan with Unity Bank worked out well for our friends at one local firm in Brooklyn (borough Of New York), New York. The business was able to get an SBA loan for $110,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: BUILDING EQUIPMENT INSTALLATION
BROOKLYN (BOROUGH OF NEW YORK), NY 11214
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
This lender provides SBA bank loans 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
1796 - Building Equipment Installation
NAICS Code
235950 - Building Equipment and Machinery Installation Contractors
Loan Approval Date
3/27/2000
Loan Approval Gross Amount
$110,000
Loan Approval from the SBA
Of the total $110,000 loan amount, the SBA guaranteed $82,500.
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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
If you need emergency business money, 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.
Related Links:
SBIR Funding
SBA Banks in Clinton, New Jersey
Getting a Business Loan in New Jersey