Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

New Jersey Bank SBA Loans

 

 
Loan Census SBA Loan Info

Susquehanna Bank Dv SBA Loan to Special Trade Contractors Company

Looking to get a New Jersey business loan? Here's one New Jersey business loan that was approved by the SBA.

This up and coming company knew how to go about getting a business bank loan. Based in Hammonton, New Jersey, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Susquehanna Bank Dv, based in Vineland, New Jersey.

SBA Loan Borrower

COMPANY TYPE: SPECIAL TRADE CONTRACTORS
HAMMONTON, NJ 08037

SBA Loan Lender

SUSQUEHANNA BANK DV
1748 S LINCOLN AVE
VINELAND, NJ 08361

This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1799 - Special Trade Contractors

Loan Approval Date

8/29/2000

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $20,000.

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 4 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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.

Related Links:

How to Raise Money

SBA 7A Banks in Vineland, New Jersey

SBA Lenders in New Jersey