Loan Census Banking News and Information
December 25, 2024  
 
 
  Business Loan Information  
 

Harvey Cedars, New Jersey Bank Loan

 

 
Loan Census SBA Loan Info

New Jersey SBA Loan Issued to Architectural Services Company

New JerseyBusiness loans are available to New Jersey business owners through the SBA. In this case, a New Jersey bank provides the loan.

Getting a small business loan in Harvey Cedars, New Jersey was a top priority for this SBA-financed company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Sun National Bank. Here are the details on this New Jersey small business loan.

SBA Loan Borrower

COMPANY TYPE: ARCHITECTURAL SERVICES
HARVEY CEDARS, NJ 08008

SBA Loan Lender

SUN NATIONAL BANK
226 LANDIS AVE
VINELAND, NJ 08360

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541310 - Architectural Services

Loan Approval Date

9/30/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 10 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 10 existing jobs.

Getting an SBA Loan For Your Business

If you are raising money in Harvey Cedars NJ, you ought to talk with a local Harvey Cedars SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Harvey Cedars businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Sun National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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