Marlboro, NJ Entrepreneur Gets SBA Loan to Buy Fantastic Sam's Franchise
Borrowing money to buy a Fantastic Sam's franchise? Isn Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Marlboro, New Jersey needed money to invest in a Fantastic Sam's franchise back in 2001. Isn Bank issued an SBA franchise loan. Here are the details on this New Jersey small business loan.
SBA Loan Borrower
FANTASTIC SAMS
MARLBORO, NJ 07746
SBA Loan Lender
ISN BANK
457 HADDONFIELD RD, LIBERTYVI
CHERRY HILL, NJ 08002
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812112 - Beauty Salons
Loan Approval Date
12/17/2001
Loan Approval Gross Amount
$145,000
Loan Approval from the SBA
Of the total $145,000 loan amount, the SBA guaranteed $123,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Fantastic Sam's franchise. At the time of the loan, the company
had 6 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.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Fantastic Sams
Choosing VC Firms
Best Banks for Small Business in Cherry Hill, New Jersey
Find an SBA Lender in New Jersey