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November 15, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Paramus, Business Loans > Columbia Bank Paramus Business Loans > Book, Periodical, And Newspaper Wholesalers Loan | ||||
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I Need an SBA 7A Loan in Marlton, New Jersey
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Small Business Loans for Book, Periodical, and Newspaper WholesalersLooking for small business loans for book, periodical, and newspaper wholesalers? Talk to a banker who works with the SBA. This $150,000 book, periodical, and newspaper wholesalers loan was issued by a New Jersey bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Marlton, New Jersey was able to borrow $150,000 from Columbia Bank. The SBA made the loan possible by guaranteeing $75,000 of this New Jersey small business loan. SBA Loan Borrower COMPANY TYPE: BOOK, PERIODICAL, AND NEWSPAPER WHOLESALERS SBA Loan Lender COLUMBIA BANK This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 422920 - Book, Periodical, and Newspaper Wholesalers Loan Approval Date 5/18/2001 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. 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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 Participating Banks in Paramus, New Jersey
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