Custom Roll Forming Small Business Loans

With these small business loans for custom roll forming, the SBA guarantees the lender that the loan will be repaid. This custom roll forming loan for $360,000 was given to a New Jersey entrepreneur in 2003.

Getting a small business loan in Rutherford, New Jersey was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Ups Capital Business Credit, operating out of Windsor, Connecticut. Here are the details on this New Jersey small business loan.

SBA Loan Borrower

COMPANY TYPE: CUSTOM ROLL FORMING
RUTHERFORD, NJ 07070

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

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

332114 - Custom Roll Forming

Loan Approval Date

12/12/2003

Loan Approval Gross Amount

$360,000

Loan Approval from the SBA

Of the total $360,000 loan amount, the SBA guaranteed $270,000.

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 26 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 26 existing jobs.

Getting an SBA Loan For Your Business

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

While you may be able to find other ways to get money to start a business, 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.

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