Durable Goods Merchant Wholesalers SBA Loans
Looking for SBA loans for durable goods merchant wholesalers? The SBA may be the answer. This $133,000 durable goods merchant wholesalers loan was issued by a New Jersey bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Easton, Pennsylvania was able to borrow $133,000 from Commerce Bank. The SBA made the loan possible by guaranteeing $113,050 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: DURABLE GOODS MERCHANT WHOLESALERS
Easton, PA 18040
SBA Loan Lender
COMMERCE BANK
1 ROYAL RD
FLEMINGTON, NJ 08822
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
423990 - Durable Goods Merchant Wholesalers
Loan Approval Date
10/13/2005
Loan Approval Gross Amount
$133,000
Loan Approval from the SBA
Of the total $133,000 loan amount, the SBA guaranteed $113,050.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $133,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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