Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

SBA Lender Kennett Square Pennsylvania

 

 
Loan Census SBA Loan Info

Jewelry Stores SBA Loans

Looking for SBA loans for jewelry stores? The SBA may be the answer. This $300,000 jewelry stores loan was issued by a New Jersey bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Td Banknorth, out of Mahwah, New Jersey. The loan was granted and they received $300,000 to help grow their Kennett Square, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: JEWELRY STORES
KENNETT SQUARE, PA 19348

SBA Loan Lender

TD BANKNORTH
1000 MACARTHUR BLVD
MAHWAH, NJ 07430

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448310 - Jewelry Stores

Loan Approval Date

4/20/2001

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

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 only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Microlending as a Small Business Funding Source

Who Lends Money to Small Businesses in Mahwah, New Jersey

SBA Participating Banks in New Jersey