Woodbury, New Jersey Bank Gives SBA Loan to Stationery And Office Supplies Company
Get to know Woodbury, New Jersey banks that specialize in small business loans and know how to work with entrepreneurs. The Bank is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Marlton, New Jersey starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from The Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: STATIONERY AND OFFICE SUPPLIES
MARLTON, NJ 08053
SBA Loan Lender
THE BANK
100 PARK AVE
WOODBURY, NJ 08096
This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5112 - Stationery and Office Supplies
NAICS Code
323110 - Commercial Lithographic Printing
Loan Approval Date
6/9/2005
Loan Approval Gross Amount
$315,000
Loan Approval from the SBA
Of the total $315,000 loan amount, the SBA guaranteed $236,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 39 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
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.
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