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January 22, 2025 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Toms River, Business Loans > Commerce Bank Toms River Business Loans > Drinking Places Loan | ||||
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How to Get SBA Loans in Long Beach (beach Haven Park), New Jersey
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Drinking Places Bank LoansWith these bank loans for drinking places, the SBA guarantees the lender that the loan will be repaid. This drinking places loan for $280,000 was given to a New Jersey entrepreneur in 2000. This company knew how to go about getting a business bank loan. Based in Long Beach (beach Haven Park), New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Commerce Bank, based in Toms River, New Jersey. SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender COMMERCE BANK This lender provides SBA 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. SIC Code 5813 - Drinking Places NAICS Code 722410 - Drinking Places Loan Approval Date 3/22/2000 Loan Approval Gross Amount $280,000 Loan Approval from the SBA Of the total $280,000 loan amount, the SBA guaranteed $210,000. More Information on This SBA Loan The borrower borrowed this money for a new 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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business If you are raising money in Long Beach (beach Haven Park) NJ, you ought to talk with a local Long Beach (beach Haven Park) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Long Beach (beach Haven Park) businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $280,000 loan. Remember, anyone can do it... so why not 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: Banking Deregulation's Effects on Entrepreneurship Where to Get an SBA Loan in Toms River, New Jersey
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