Get an SBA Loan for Meat Markets

With these small business loans for meat markets, the SBA guarantees the lender that the loan will be repaid. This meat markets loan for $50,000 was given to a New Jersey entrepreneur in 2007.

This company knew how to go about getting a business bank loan. Based in Pt. Pleasant Avenue, New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Central Jersey Bank, based in Sea Girt, New Jersey.

SBA Loan Borrower

COMPANY TYPE: MEAT MARKETS
PT. PLEASANT AVENUE, NJ 08742

SBA Loan Lender

CENTRAL JERSEY BANK
2200 HWY 35
SEA GIRT, NJ 08750

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445210 - Meat Markets

Loan Approval Date

11/30/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Startup Funding Tip

SBA Participating Banks in Sea Girt, New Jersey

SBA Lenders in New Jersey