Entrepreneur Works With Vineland, New Jersey Bank to Get an SBA Loan

Want to talk with a Vineland, New Jersey bank about a small business loan? Here's one New Jersey business loan, issued by a Vineland bank, that was approved by the SBA.

Applying for an SBA loan with Sun National Bank worked out well for our friends at one local business in Corbin City, New Jersey. The business was able to get an SBA loan for $15,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: MEAT PROCESSED FROM CARCASSES
CORBIN CITY, NJ 08270

SBA Loan Lender

SUN NATIONAL BANK
226 LANDIS AVE
VINELAND, NJ 08360

This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

311612 - Meat Processed from Carcasses

Loan Approval Date

10/14/2004

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

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 4 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Corbin City NJ, you ought to talk with a local Corbin City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Corbin City businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Sun National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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