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November 25, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in Flatbrookville, New Jersey and We Got One!

 

 
Loan Census SBA Loan Info

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