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