Commercial Loans for Baked Goods Stores

Looking for commercial loans for baked goods stores? The SBA may be the answer. This $275,000 baked goods stores loan was issued by a New Jersey bank.

This business knew how to go about getting a business bank loan. Based in Franklin Lakes (campgan), New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Lakeland Bank, based in Newfoundland, New Jersey.

SBA Loan Borrower

COMPANY TYPE: BAKED GOODS STORES
FRANKLIN LAKES (CAMPGAN), NJ 07417

SBA Loan Lender

LAKELAND BANK
2717 RTE 23 SOUTH
NEWFOUNDLAND, NJ 07435

This lender provides SBA 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

445291 - Baked Goods Stores

Loan Approval Date

7/25/2005

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

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

If you are raising money in Franklin Lakes (campgan) NJ, you ought to talk with a local Franklin Lakes (campgan) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Franklin Lakes (campgan) 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.

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Where to Get an SBA Loan in Newfoundland, New Jersey

SBA Lenders in New Jersey