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December 23, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Philadelphia, Business Loans > Commerce Bank Philadelphia Business Loans > Mmdy LLC. Loan | ||||
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Business Loans for Cherry Hill (township Of) Businesses
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Commerce Bank Provides SBA Loan to Buy Sparkling Image FranchiseNeed money to purchase a Sparkling Image franchise? Commerce Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Sparkling Image franchise shouldn't be overly burdensome. In 2005, Commerce Bank issued an SBA franchise loan to an entrepreneur in Cherry Hill (township Of), New Jersey. Because Sparkling Image was registered with the SBA's registry of franchises, this New Jersey small business loan was issued on an expedited basis. SBA Loan Borrower MMDY LLC. SBA Loan Lender COMMERCE BANK 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 561720 - Janitorial Services Loan Approval Date 4/19/2005 Loan Approval Gross Amount $54,000 Loan Approval from the SBA Of the total $54,000 loan amount, the SBA guaranteed $45,900. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Sparkling Image franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. While you may be able to find business people willing to loan money, 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: Who Lends Money to Small Businesses in Philadelphia, Pennsylvania
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