Business Loans for Soybean Processing
Looking for business loans for soybean processing? Talk to a banker who works with the SBA. This $775,000 soybean processing loan was issued by a New Jersey bank.
This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Bnb Bank, National Association, out of Fort Lee, New Jersey. The loan was granted and they received $775,000 to help grow their Flatbrookville, New Jersey business.
SBA Loan Borrower
COMPANY TYPE: SOYBEAN PROCESSING
FLATBROOKVILLE, NJ 07860
SBA Loan Lender
BNB BANK, NATIONAL ASSOCIATION
2024 CENTER AVE
FORT LEE, NJ 07024
This lender provides SBA guaranteed 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
311222 - Soybean Processing
Loan Approval Date
9/20/2002
Loan Approval Gross Amount
$775,000
Loan Approval from the SBA
Of the total $775,000 loan amount, the SBA guaranteed $581,250.
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 5 employees. The SBA loan application for the borrower indicated that the funding would help generate 5 new jobs.
Getting an SBA Loan For Your Business
If you need business start up money in Flatbrookville NJ, you ought to talk with a local Flatbrookville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Flatbrookville businesses.
We've showcased information on this loan to let you know that businesses like yours 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:
Direct Public Offerings
SBA 7A Banks for Fort Lee, New Jersey Loans
SBA New Jersey Banks