Financing for Child and Youth Services
Looking for commercial loans for child and youth services? An SBA loan may be just what you've been looking for. This $712,000 child and youth services loan was issued by a New Jersey bank.
This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Unity Bank, out of Clinton, New Jersey. The loan was granted and they received $712,000 to help grow their Old Bridge, New Jersey business.
SBA Loan Borrower
COMPANY TYPE: CHILD AND YOUTH SERVICES
OLD BRIDGE, NJ 08857
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624110 - Child and Youth Services
Loan Approval Date
9/30/2002
Loan Approval Gross Amount
$712,000
Loan Approval from the SBA
Of the total $712,000 loan amount, the SBA guaranteed $534,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 15 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 15 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
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.
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