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November 15, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Just A Buck Loan | ||||
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How to Get SBA Loans in Jersey City, New Jersey
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New Jersey Entrepreneur Secures Financing to Buy Just-A-Buck FranchiseNeed a loan to invest in a Just-A-Buck franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Jersey City, New Jersey needed money to invest in a Just-A-Buck franchise back in 2000. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this New Jersey small business loan. SBA Loan Borrower JUST A BUCK SBA Loan Lender CIT SMALL BUSINESS LENDING CORP As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5999 - Retail Stores Loan Approval Date 4/26/2000 Loan Approval Gross Amount $175,500 Loan Approval from the SBA Of the total $175,500 loan amount, the SBA guaranteed $131,625. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Just-A-Buck franchise. At the time of the loan, the company had 8 employees. The loan application indicated that the loan would help create 8 new jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Cit Small Business Lending Corp and they will explain how you can get an SBA loan for your company. 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: Raising VC Money for Social Networking Companies Best Banks in Livingston, New Jersey
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