Commercial Loans for Port and Harbor Operations
Looking for commercial loans for port and harbor operations? An SBA loan may be just what you've been looking for. This $150,000 port and harbor operations loan was issued by a New Jersey bank.
This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Sun National Bank, out of Vineland, New Jersey. The loan was granted and they received $150,000 to help grow their Greensboro, North Carolina business.
SBA Loan Borrower
COMPANY TYPE: WATER TRANSPORTATION SERVICES
GREENSBORO, NC 27455
SBA Loan Lender
SUN NATIONAL BANK
401 LANDIS AVE
VINELAND, NJ 08360
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
4499 - Water Transportation Services
NAICS Code
488310 - Port and Harbor Operations
Loan Approval Date
4/28/2003
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? 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:
Understanding Dilution
Small Business Banks in Vineland, New Jersey
New Jersey SBA Banks