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November 15, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Windsor, Business Loans > The Bank Windsor Business Loans > Full-Service Restaurants Loan | ||||
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New Jersey SBA 7A Lenders
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Windsor, New Jersey Bank Gives SBA Loan to Full-Service Restaurants CompanyThinking about meeting with a Windsor, New Jersey bank about a small business loan? Here's one New Jersey business loan, issued by a Windsor bank, that was approved by the SBA. Applying for an SBA loan with The Bank worked out well for our friends at one local company in Princeton Junction, New Jersey. They received an SBA loan for $915,000. Nice! SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender THE BANK 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 722110 - Full-Service Restaurants Loan Approval Date 7/25/2003 Loan Approval Gross Amount $915,000 Loan Approval from the SBA Of the total $915,000 loan amount, the SBA guaranteed $686,250. 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 only one employee. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 1 existing job. Getting an SBA Loan For Your Business If you are raising money in Princeton Junction NJ, you ought to talk with a local Princeton Junction SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Princeton Junction businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $915,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Who Lends Money to Small Businesses in Windsor, New Jersey
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