Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

SBA Lender North Plainfield

 

 
Loan Census SBA Loan Info

North Plainfield, New Jersey Bank Lends Money to Beauty Salons Company in Oxford (census Name For Oxford, New Jersey

Get small business loans from a North Plainfield, New Jersey bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Valley National Bank is a North Plainfield, New Jersey small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a New Jersey company.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
OXFORD (CENSUS NAME FOR OXFORD, NJ 07863

SBA Loan Lender

VALLEY NATIONAL BANK
1334 RTE 22 EAST
NORTH PLAINFIELD, NJ 07060

This lender provides SBA commercial loans 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

812112 - Beauty Salons

Loan Approval Date

2/12/2002

Loan Approval Gross Amount

$168,900

Loan Approval from the SBA

Of the total $168,900 loan amount, the SBA guaranteed $126,675.

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 only one employee. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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SBA Banks in North Plainfield, New Jersey

Where to Get an SBA Loan New Jersey