Clinton, New Jersey Bank Lends Money to Plumbing, Heating, And Air-Conditioning Contractors Company in Rocky Point, New York

Want to talk with a Clinton, New Jersey bank about a small business loan? Here's one New York business loan, issued by a Clinton bank, that was approved by the SBA.

Applying for an SBA loan with Unity Bank worked out well for our friends at one local business in Rocky Point, New York. They got an SBA loan for $560,300. Way to go!

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
ROCKY POINT, NY 11776

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

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

12/17/2004

Loan Approval Gross Amount

$560,300

Loan Approval from the SBA

Of the total $560,300 loan amount, the SBA guaranteed $420,225.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Rocky Point NY, you ought to talk with a local Rocky Point SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rocky Point businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Unity Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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 Art of Bootstrapping

Where to Get an SBA Loan in Clinton, New Jersey

Find an SBA Lender in New Jersey