New Jersey Bank Loan Issued to Finish Carpentry Contractors Company
Small business loans in New Jersey are hard to find these days. We take a look at one New Jersey small business loan, provided by a Pennsylvania bank, that was approved by the SBA.
You can learn something about getting a small business loan in Linden, New Jersey by studying this loan to a local company, made back in 2007. Banks like Pnc Bank, National Association may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: FINISH CARPENTRY CONTRACTORS
LINDEN, NJ 07036
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
8800 TINICUM BLVD, 1ST FL, MA
PHILADELPHIA, PA 19153
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
238350 - Finish Carpentry Contractors
Loan Approval Date
2/20/2007
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start business in Linden NJ, you ought to talk with a local Linden SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Linden businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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