Cranbury, New Jersey Bank Gives SBA Loan to Fruit And Vegetable Markets Company
Thinking about meeting with a Cranbury, New Jersey bank about an SBA loan? Here's one New Jersey business loan, issued by a Cranbury bank, that was approved by the SBA.
Applying for an SBA loan with 1st Constitution Bank worked out well for our friends at one local company in Cinnaminson (township Of), New Jersey. They received an SBA loan for $100,000. Nice!
SBA Loan Borrower
COMPANY TYPE: FRUIT AND VEGETABLE MARKETS
CINNAMINSON (TOWNSHIP OF), NJ 08077
SBA Loan Lender
1ST CONSTITUTION BANK
RTE 130 & DEY RD
CRANBURY, NJ 08512
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
445230 - Fruit and Vegetable Markets
Loan Approval Date
2/8/2005
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Accountant's Role in Securing Financing
SBA 7A Lenders in Cranbury, New Jersey
SBA New Jersey Banks