Rahway, New Jersey Entrepreneur Gets a Business Loan
New JerseySmall business loans are available to New Jersey small business owners through the SBA. In this case, a New Jersey bank provides the loan.
You can learn something about getting a small business loan in Rahway, New Jersey by studying this loan to a local company, made back in 2001. Banks like Unity Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: GLASS PRODUCT MANUFACTURING MADE OF PURCHASED GLASS
RAHWAY, NJ 07065
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
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.
NAICS Code
327215 - Glass Product Manufacturing Made of Purchased Glass
Loan Approval Date
1/17/2001
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 7 employees. This SBA loan request indicated that the loan would help generate 12 new jobs and retain 7 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are raising money in Rahway NJ, you ought to talk with a local Rahway SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rahway businesses.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.
Related Links:
The Friends and Family Network
Small Business Banks in Clinton, New Jersey
Where to Get an SBA Loan New Jersey