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December 24, 2024  
 
 
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Loan Census SBA Loan Info

Personal Care Services Loans

With these loans for personal care services, the SBA guarantees the lender that the loan will be repaid. This personal care services loan for $100,000 was given to a New Jersey entrepreneur in 2004.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Sun National Bank, out of Browns Mills, New Jersey. The loan was granted and they received $100,000 to help grow their Marlton, New Jersey business.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
MARLTON, NJ 08053

SBA Loan Lender

SUN NATIONAL BANK
1 LAKEHURST & CLUBHOUSE RDS
BROWNS MILLS, NJ 08015

This lender issued this business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7299 - Personal Services

NAICS Code

812199 - Personal Care Services

Loan Approval Date

3/11/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 3 employees. The SBA loan documents did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need business start up money in Marlton NJ, you ought to talk with a local Marlton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Marlton businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

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SBA Banks in Browns Mills, New Jersey

SBA New Jersey Lenders