Livingston, New Jersey Lender Lends Money to Advertising Agencies Company
Get business loans from a Livingston, New Jersey bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Cit Small Business Lending Corp is a Livingston, New Jersey small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Nevada company.
SBA Loan Borrower
COMPANY TYPE: ADVERTISING AGENCIES
LAS VEGAS, NV 89102
SBA Loan Lender
CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039
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
7311 - Advertising Agencies
NAICS Code
541810 - Advertising Agencies
Loan Approval Date
6/19/2000
Loan Approval Gross Amount
$778,000
Loan Approval from the SBA
Of the total $778,000 loan amount, the SBA guaranteed $170,000.
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 45 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 35 existing jobs.
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Every year, the SBA guarantees over $10 billion for loans just like this one.
We can help you find the best banks for small businesses in Las Vegas or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Getting a Small Business Loan
SBA 7A Banks for Livingston, New Jersey Loans
New Jersey SBA Bank Lenders