Cherry Hill, New Jersey Bank Gives SBA Loan to Lessors Of Nonresidential Buildings Company
Get small business loans from a Cherry Hill, New Jersey bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Isn Bank is a Cherry Hill, New Jersey small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Pennsylvania company.
SBA Loan Borrower
COMPANY TYPE: LESSORS OF NONRESIDENTIAL BUILDINGS
EAGLE, PA 19480
SBA Loan Lender
ISN BANK
457 HADDONFIELD RD, LIBERTYVI
CHERRY HILL, NJ 08002
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
531120 - Lessors of Nonresidential Buildings
Loan Approval Date
2/13/2002
Loan Approval Gross Amount
$816,000
Loan Approval from the SBA
Of the total $816,000 loan amount, the SBA guaranteed $612,000.
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 16 employees. The loan application did not indicate that the small business promised to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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:
Business Incubators
Banks in Cherry Hill, New Jersey
SBA New Jersey Lenders