New Jersey Small Business Loan Issued to Piece Goods, Notions, And Dry Goods Merchant Wholesalers Company
Looking to get a New Jersey SBA loan? This New Jersey entrepreneur got an SBA loan, provided by a Nevada bank that works with the SBA to help small business owners.
Getting a small business loan in Ridgefield, New Jersey was a top priority for this particular business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Citibank. Here are the details on this New Jersey small business loan.
SBA Loan Borrower
COMPANY TYPE: PIECE GOODS, NOTIONS, AND DRY GOODS MERCHANT WHOLESALERS
RIDGEFIELD, NJ 07657
SBA Loan Lender
CITIBANK
3900 PARADISE RD, STE 127
LAS VEGAS, NV 89109
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
424310 - Piece Goods, Notions, and Dry Goods Merchant Wholesalers
Loan Approval Date
4/17/2007
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 retain 7 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in Ridgefield or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Obtaining Funding - How to Decide How Much to Raise
SBA 7A Lenders in Las Vegas, Nevada
SBA Lenders in Nevada