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December 20, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Newark, Business Loans > Millennium Bcpbank Newark Business Loans > Aircraft Engine And Engine Parts Manufacturing Loan | ||||
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Banks in Newark, New Jersey That Make SBA Loans
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Newark, New Jersey Bank Gives SBA Loan to Aircraft Engine And Engine Parts Manufacturing CompanyGet business loans from a Newark, New Jersey bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Millennium Bcpbank is a Newark, 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 Massachusetts company. SBA Loan Borrower COMPANY TYPE: AIRCRAFT ENGINE AND ENGINE PARTS MANUFACTURING SBA Loan Lender MILLENNIUM BCPBANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 336412 - Aircraft Engine and Engine Parts Manufacturing Loan Approval Date 8/24/2005 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? 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:
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