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November 14, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Memphis, Business Loans > Regions Bank Memphis Business Loans > Lessors Of Miniwarehouses And Self-Storage Units Loan | ||||
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SBA Lenders for Small Businesses in New Jersey
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New Jersey Small Business Loan Issued to Lessors Of Miniwarehouses And Self-Storage Units CompanyNew JerseyBank loans are available to New Jersey firms through the SBA. In this case, a Tennessee bank provides the loan. By giving the right information to Regions Bank, this Monmouth Junction, New Jersey business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: LESSORS OF MINIWAREHOUSES AND SELF-STORAGE UNITS SBA Loan Lender REGIONS BANK This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 531130 - Lessors of Miniwarehouses and Self-Storage Units Loan Approval Date 11/17/2004 Loan Approval Gross Amount $352,225 Loan Approval from the SBA Of the total $352,225 loan amount, the SBA guaranteed $176,112. 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 SBA loan documents indicated that the loan would help retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $352,225 loan. Remember, if it to be, it is up to me! 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 Memphis, Tennessee
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