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December 24, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Confectionery Manufacturing From Purchased Chocolate Loan | ||||
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How Do We Get a Business Loan in Harmans (harman), Maryland?
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Confectionery Manufacturing from Purchased Chocolate Commercial LoansLooking for commercial loans for confectionery manufacturing from purchased chocolate? An SBA loan may be just what you've been looking for. This $285,000 confectionery manufacturing from purchased chocolate loan was issued by a New Jersey bank. This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Cit Small Business Lending Corp, out of Livingston, New Jersey. The loan was granted and they received $285,000 to help grow their Harmans (harman), Maryland business. SBA Loan Borrower COMPANY TYPE: CONFECTIONERY MANUFACTURING FROM PURCHASED CHOCOLATE SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA debt financing 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 311330 - Confectionery Manufacturing from Purchased Chocolate Loan Approval Date 2/16/2002 Loan Approval Gross Amount $285,000 Loan Approval from the SBA Of the total $285,000 loan amount, the SBA guaranteed $213,750. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the funding would help generate 8 new jobs. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Cit Small Business Lending Corp so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Best Banks in Livingston, New Jersey
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