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November 15, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Nursery And Garden Centers Loan | ||||
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Washington Small Business Funding
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Nursery and Garden Centers LoansLooking for loans for nursery and garden centers? An SBA loan may be just what you've been looking for. This $373,000 nursery and garden centers loan was issued by a New Jersey bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Centralia, Washington was able to borrow $373,000 from Cit Small Business Lending Corp. The SBA made the loan possible by guaranteeing $279,750 of this Washington small business loan. SBA Loan Borrower COMPANY TYPE: NURSERY AND GARDEN CENTERS SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA small business 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. NAICS Code 444220 - Nursery and Garden Centers Loan Approval Date 12/12/2003 Loan Approval Gross Amount $373,000 Loan Approval from the SBA Of the total $373,000 loan amount, the SBA guaranteed $279,750. More Information on This SBA Loan The borrower borrowed this money for an existing 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 18 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 16 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Cit Small Business Lending Corp 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: Find an SBA Lender in Livingston, New Jersey
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