Data Processing, Hosting, and Related Services Business Loans
Looking for business loans for data processing, hosting, and related services? Talk to a banker who works with the SBA. This $680,000 data processing, hosting, and related services loan was issued by a New Jersey bank.
Getting a small business loan in Secaucus, New Jersey was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Td Banknorth, operating out of Saddle Brook, New Jersey. Here are the details on this New Jersey small business loan.
SBA Loan Borrower
COMPANY TYPE: COMPUTER RELATED SERVICES
SECAUCUS, NJ 07094
SBA Loan Lender
TD BANKNORTH
PARK 80 WEST/PLAZA 2
SADDLE BROOK, NJ 07663
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7379 - Computer Related Services
NAICS Code
518210 - Data Processing, Hosting, and Related Services
Loan Approval Date
3/23/2004
Loan Approval Gross Amount
$680,000
Loan Approval from the SBA
Of the total $680,000 loan amount, the SBA guaranteed $510,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 9 employees. The SBA loan documents did not indicate that the small business promised to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We've showcased information on this loan to let you know that businesses like yours 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:
Obtaining Funding - How to Borrow Money
Banks in Saddle Brook, New Jersey
SBA Lenders in New Jersey