Clinton, New Jersey Lender Lends Money to Beer, Wine, And Liquor Stores Company
Get to know Clinton, New Jersey banks that specialize in small business loans and know how to work with entrepreneurs. Unity Bank is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Laurel Springs, New Jersey starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Unity Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
LAUREL SPRINGS, NJ 08021
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
This lender provides SBA guaranteed 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
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
10/27/2003
Loan Approval Gross Amount
$730,000
Loan Approval from the SBA
Of the total $730,000 loan amount, the SBA guaranteed $547,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 1 existing job.
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 SBA loan was for $730,000. How would you spend $730,000 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.
Related Links:
Microlending as a Small Business Funding Source
SBA Participating Banks in Clinton, New Jersey
New Jersey SBA 7A Lenders