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December 20, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Phillipsburg, Business Loans > Unitedtrust Bank Phillipsburg Business Loans > Offices And Clinics Of Doctors Of Medicine Loan | ||||
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New Jersey Business Loan from Unitedtrust Bank
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Unitedtrust Bank SBA Loan to Offices And Clinics Of Doctors Of Medicine CompanyUnitedtrust Bank has a track record as a leading provider of SBA loans. Find out how this New Jersey entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Phillipsburg, New Jersey was able to borrow $155,000 from Unitedtrust Bank. The SBA made the loan possible by guaranteeing $116,250 of this New Jersey small business loan. SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE SBA Loan Lender UNITEDTRUST BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8011 - Offices and Clinics of Doctors of Medicine Loan Approval Date 8/21/2000 Loan Approval Gross Amount $155,000 Loan Approval from the SBA Of the total $155,000 loan amount, the SBA guaranteed $116,250. 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 only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? If you are working on finding money to start a business in Phillipsburg NJ, you ought to talk with a local Phillipsburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Phillipsburg businesses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Unitedtrust Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Raising VC Money for Social Networking Companies Small Bank Loans in Phillipsburg, New Jersey
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