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November 22, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Fort Lee, Business Loans > Bnb Bank, National Association Fort Lee Business Loans > Vmax Inc Loan | ||||
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Livingston (township Of), New Jersey Bank for SBA Loans
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Livingston (township Of), NJ Entrepreneur Gets SBA Loan to Buy Cold Stone Creamery FranchiseNeed a loan to buy a Cold Stone Creamery franchise? Bnb Bank, National Association has a history of making these loans and they are guaranteed by the SBA. Cold Stone Creamery franchise loans are available to Livingston (township Of), New Jersey entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bnb Bank, National Association, based in Fort Lee, New Jersey, issued an SBA franchise loan for a Cold Stone Creamery franchise in 2006. We've got all the details on this New Jersey small business loan. SBA Loan Borrower VMAX INC SBA Loan Lender BNB BANK, NATIONAL ASSOCIATION This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445299 - Specialty Food Stores Loan Approval Date 5/2/2006 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Cold Stone Creamery franchise. At the time of the loan, the company had 18 employees. This SBA loan request indicated that the loan would help generate 18 new jobs and retain 18 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bnb Bank, National Association had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bnb Bank, National Association made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: SBA 7A Banks for Fort Lee, New Jersey Loans Find an SBA Lender in New Jersey
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