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December 22, 2024  
 
 
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SBA Lender Ridgefield New Jersey

 

 
Loan Census SBA Loan Info

Where to Get Capital for Nondurable Goods Wholesalers

Looking for SBA loans for nondurable goods wholesalers? Try the SBA. This $40,000 nondurable goods wholesalers loan was issued by a New Jersey bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ridgefield, New Jersey was able to borrow $40,000 from Bnb Bank, National Association. The SBA made the loan possible by guaranteeing $20,000 of this New Jersey small business loan.

SBA Loan Borrower

COMPANY TYPE: NONDURABLE GOODS WHOLESALERS
RIDGEFIELD, NJ 07657

SBA Loan Lender

BNB BANK, NATIONAL ASSOCIATION
2024 CENTER AVE
FORT LEE, NJ 07024

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

422990 - Nondurable Goods Wholesalers

Loan Approval Date

5/10/2007

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

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 18 employees. The loan application indicated that the loan would help generate 18 new jobs and retain 18 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Ridgefield NJ, you ought to talk with a local Ridgefield SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ridgefield businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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