SBA Loans for Management Consulting Services

Looking for SBA loans for management consulting services? An SBA loan may be just what you've been looking for. This $20,000 management consulting services loan was issued by a New York bank.

This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Capital One, out of Melville, New York. The loan was granted and they received $20,000 to help grow their Morris Plains, New Jersey business.

SBA Loan Borrower

COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
MORRIS PLAINS, NJ 07950

SBA Loan Lender

CAPITAL ONE
275 BROADHOLLOW RD
MELVILLE, NY 11747

The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

541618 - Management Consulting Services

Loan Approval Date

7/5/2005

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Morris Plains NJ, you ought to talk with a local Morris Plains SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Morris Plains businesses.

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:

Debt Financing

SBA Participating Banks in Melville, New York

New York SBA 7A Banks