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December 22, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Flemington, Business Loans > Commerce Bank Flemington Business Loans > Snack And Nonalcoholic Beverage Bars Loan | ||||
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How to Get a Loan for Snack and Nonalcoholic Beverage BarsLooking for SBA loans for snack and nonalcoholic beverage bars? Try the SBA. This $283,000 snack and nonalcoholic beverage bars loan was issued by a New Jersey bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Jackson, Michigan was able to borrow $283,000 from Commerce Bank. The SBA made the loan possible by guaranteeing $212,250 of this Michigan small business loan. SBA Loan Borrower COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS SBA Loan Lender COMMERCE BANK This lender provides SBA bank loans 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 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 8/29/2007 Loan Approval Gross Amount $283,000 Loan Approval from the SBA Of the total $283,000 loan amount, the SBA guaranteed $212,250. 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 no employees. This SBA loan request indicated that the funding would help generate 4 new jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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 Flemington, New Jersey Banks for Small Business Where to Get an SBA Loan New Jersey
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