Lakewood, NJ Entrepreneur Gets SBA Loan to Buy Jersey Freeze Franchise
Need money to buy a Jersey Freeze franchise? Bnb Bank, National Association has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Jersey Freeze franchise? If so, here's a 2003 SBA franchise loan that you should know about. Bnb Bank, National Association was the lender and the entrepreneur was based in Lakewood, New Jersey.
SBA Loan Borrower
JERSEY FREEZE
LAKEWOOD, NJ 08701
SBA Loan Lender
BNB BANK, NATIONAL ASSOCIATION
2024 CENTER AVE
FORT LEE, NJ 07024
This lender provides SBA business 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
722211 - Limited-Service Restaurants
Loan Approval Date
6/18/2003
Loan Approval Gross Amount
$235,000
Loan Approval from the SBA
Of the total $235,000 loan amount, the SBA guaranteed $176,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Jersey Freeze franchise. At the time of the loan, the company
had 11 employees. The SBA loan documents indicated that the loan would help generate 11 new jobs and retain 11 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This SBA loan was for $235,000. How would you spend $235,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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