Pharmaceutical Preparation Manufacturing Business Loans

Looking for business loans for pharmaceutical preparation manufacturing? An SBA loan may be just what you've been looking for. This $1,000,000 pharmaceutical preparation manufacturing loan was issued by a New Jersey bank.

Getting a small business loan in Lawrenceville, New Jersey was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Sun National Bank, operating out of Lawrenceville, New Jersey. Here are the details on this New Jersey small business loan.

SBA Loan Borrower

COMPANY TYPE: PHARMACEUTICAL PREPARATIONS
LAWRENCEVILLE, NJ 08648

SBA Loan Lender

SUN NATIONAL BANK
2673 MAIN ST
LAWRENCEVILLE, NJ 08648

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2834 - Pharmaceutical Preparations

NAICS Code

325412 - Pharmaceutical Preparation Manufacturing

Loan Approval Date

6/21/2000

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.

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 45 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Sun National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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