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November 15, 2024  
 
 
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We Needed a Commercial Loan in Norwood, New Jersey and We Got One!

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Surgical Appliance and Supplies Manufacturing

Looking for small business loans for surgical appliance and supplies manufacturing? Talk to a banker who works with the SBA. This $200,000 surgical appliance and supplies manufacturing loan was issued by a New Jersey bank.

This company knew how to go about getting a business bank loan. Based in Norwood, New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Columbia Bank, based in Paramus, New Jersey.

SBA Loan Borrower

COMPANY TYPE: SURGICAL APPLIANCE AND SUPPLIES MANUFACTURING
NORWOOD, NJ 07648

SBA Loan Lender

COLUMBIA BANK
RTE 4 EAST, STE 304, BERGEN M
PARAMUS, NJ 07652

This SBA 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

339113 - Surgical Appliance and Supplies Manufacturing

Loan Approval Date

12/16/2003

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

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 61 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 71 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

The Friends and Family Network

Small Business Banks in Paramus, New Jersey

Getting a Business Loan in New Jersey