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December 22, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > North Plainfield, Business Loans > Valley National Bank North Plainfield Business Loans > Plumbing, Heating, And Air-Conditioning Contractors Loan | ||||
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Who Can Get a Business Loan in Lyndhurst (township Of), New Jersey?
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Plumbing, Heating, and Air-Conditioning Contractors SBA LoansLooking for SBA loans for plumbing, heating, and air-conditioning contractors? Try the SBA. This $15,000 plumbing, heating, and air-conditioning contractors loan was issued by a New Jersey bank. This small business knew how to go about getting a business bank loan. Based in Lyndhurst (township Of), New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Valley National Bank, based in North Plainfield, New Jersey. SBA Loan Borrower COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS SBA Loan Lender VALLEY NATIONAL BANK 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 238220 - Plumbing, Heating, and Air-Conditioning Contractors Loan Approval Date 9/17/2007 Loan Approval Gross Amount $15,000 Loan Approval from the SBA Of the total $15,000 loan amount, the SBA guaranteed $7,500. 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 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 5 existing jobs. Getting an SBA Loan For Your Business If you have been wondering how do i get money to start a business in Lyndhurst (township Of) NJ, you ought to talk with a local Lyndhurst (township Of) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lyndhurst (township Of) businesses. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Obtaining Funding From a Venture Capitalist Find an SBA Lender in North Plainfield, New Jersey
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