Egg Harbor, New Jersey Entrepreneur Gets an SBA Loan

Would a New Jersey business loan help your company expand? If so, you may want to talk with this New Jersey bank, which offers SBA loans to New Jersey entrepreneurs.

You can learn something about getting a small business loan in Egg Harbor, New Jersey by studying this loan to a local business, made back in 2008. Banks like Central Jersey Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: NEWSPAPER PUBLISHERS
EGG HARBOR, NJ 08234

SBA Loan Lender

CENTRAL JERSEY BANK
2200 HWY 35
SEA GIRT, NJ 08750

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

511110 - Newspaper Publishers

Loan Approval Date

1/24/2008

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $51,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job.

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

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This company got an SBA loan. You can too! Maybe you want money for start up 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:

Famous Venture Capitalists

SBA Participating Banks in Sea Girt, New Jersey

New Jersey SBA 7A Lenders