Clinton, New Jersey Lender Lends Money to Full-Service Restaurants Company
Get small business loans from a Clinton, 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.
Unity Bank is a Clinton, 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 New Jersey company.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
LAWRENCEVILLE, NJ 08540
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
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
722110 - Full-Service Restaurants
Loan Approval Date
7/30/2003
Loan Approval Gross Amount
$590,000
Loan Approval from the SBA
Of the total $590,000 loan amount, the SBA guaranteed $442,500.
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 25 employees. The loan application indicated that the loan would help retain 20 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are raising money in Lawrenceville NJ, you ought to talk with a local Lawrenceville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lawrenceville businesses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Unity Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
Role of Business Plan When Raising Money
Where to Get an SBA Loan in Clinton, New Jersey
Getting an SBA Loan in New Jersey