How to Get a Loan for Professional and Management Development Training
Looking for business loans for professional and management development training? Try the SBA. This $184,000 professional and management development training loan was issued by a Pennsylvania bank.
This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Commerce Bank, out of Philadelphia, Pennsylvania. The loan was granted and they received $184,000 to help grow their Hammonton, New Jersey business.
SBA Loan Borrower
COMPANY TYPE: PROFESSIONAL AND MANAGEMENT DEVELOPMENT TRAINING
HAMMONTON, NJ 08037
SBA Loan Lender
COMMERCE BANK
2005 MARKET ST
PHILADELPHIA, PA 19103
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
611430 - Professional and Management Development Training
Loan Approval Date
12/23/2004
Loan Approval Gross Amount
$184,000
Loan Approval from the SBA
Of the total $184,000 loan amount, the SBA guaranteed $138,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
We can help you find the best banks for small businesses in Hammonton or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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