Fort Lee, New Jersey Bank Gives SBA Loan to Roofing, Siding, And Sheet Metal Contractors Company
Want to talk with a Fort Lee, New Jersey bank about a small business loan? Here's one New York business loan, issued by a Fort Lee bank, that was approved by the SBA.
Applying for an SBA loan with Bnb Bank, National Association worked out well for our friends at one local firm in Hicksville, New York. They received an SBA loan for $10,000. Great job!
SBA Loan Borrower
COMPANY TYPE: ROOFING, SIDING, AND SHEET METAL CONTRACTORS
HICKSVILLE, NY 11801
SBA Loan Lender
BNB BANK, NATIONAL ASSOCIATION
2024 CENTER AVE
FORT LEE, NJ 07024
The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
235610 - Roofing, Siding, and Sheet Metal Contractors
Loan Approval Date
2/2/2006
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
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 19 employees. The loan application indicated that the loan would help generate 19 new jobs and retain 19 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $10,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Family and Friend Investors - Your First Financiers
SBA 7A Banks for Fort Lee, New Jersey Loans
Getting an SBA Loan in New Jersey