Limousine Service Small Business Loans

Looking for small business loans for limousine service? Talk to a banker who works with the SBA. This $1,158,000 limousine service loan was issued by a New Jersey bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Ups Cap. Business Cr. - New Jersey, out of Edison, New Jersey. The loan was granted and they received $1,158,000 to help grow their East Hanover (township Of), New Jersey business.

SBA Loan Borrower

COMPANY TYPE: LIMOUSINE SERVICE
EAST HANOVER (TOWNSHIP OF), NJ 07936

SBA Loan Lender

UPS CAP. BUSINESS CR. - NEW JERSEY
2025 LINCOLN HIGHWAY, SUITE 1
EDISON, NJ 08817

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

485320 - Limousine Service

Loan Approval Date

5/18/2007

Loan Approval Gross Amount

$1,158,000

Loan Approval from the SBA

Of the total $1,158,000 loan amount, the SBA guaranteed $868,500.

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 25 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 25 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Ups Cap. Business Cr. - New Jersey and they will explain how you can get an SBA loan for your company.

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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