Fort Lee, New Jersey Lender Lends Money to Fruit And Vegetable Markets Company
Want to talk with a Fort Lee, New Jersey bank about a small business loan? Here's one Pennsylvania business loan, issued by a Fort Lee bank, that was approved by the SBA.
Applying for an SBA loan with Bnb Bank, National Association worked out well for our friends at one local business in Philadelphia, Pennsylvania. The business was able to get an SBA loan for $540,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: FRUIT AND VEGETABLE MARKETS
PHILADELPHIA, PA 19139
SBA Loan Lender
BNB BANK, NATIONAL ASSOCIATION
2024 CENTER AVE
FORT LEE, NJ 07024
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445230 - Fruit and Vegetable Markets
Loan Approval Date
12/15/2006
Loan Approval Gross Amount
$540,000
Loan Approval from the SBA
Of the total $540,000 loan amount, the SBA guaranteed $405,000.
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 8 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 8 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Philadelphia or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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 Business Loan
SBA 7A Lenders in Fort Lee, New Jersey
New Jersey SBA Banks