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December 25, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Oakland, Business Loans > Innovative Bank Oakland Business Loans > Drinking Places Loan | ||||
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Montclair (township Of), New Jersey Bank for SBA Loans
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How to Get a Loan for Drinking PlacesLooking for SBA loans for drinking places? Try the SBA. This $10,000 drinking places loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Montclair (township Of), New Jersey was able to borrow $10,000 from Innovative Bank. The SBA made the loan possible by guaranteeing $8,500 of this New Jersey small business loan. SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender INNOVATIVE BANK This commercial 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. NAICS Code 722410 - Drinking Places Loan Approval Date 2/2/2006 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $8,500. 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 only one employee. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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: Small Bank Loans in Oakland, California
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