Metal Service Centers and Metal Merchant Wholesalers Small Business Loans

Looking for small business loans for metal service centers and metal merchant wholesalers? An SBA loan may be just what you've been looking for. This $75,000 metal service centers and metal merchant wholesalers loan was issued by a New Jersey bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Columbia Bank, out of Paramus, New Jersey. The loan was granted and they received $75,000 to help grow their South Plainfield, New Jersey business.

SBA Loan Borrower

COMPANY TYPE: METAL SERVICE CENTERS AND METAL MERCHANT WHOLESALERS
SOUTH PLAINFIELD, NJ 07080

SBA Loan Lender

COLUMBIA BANK
RTE 4 EAST, STE 304, BERGEN M
PARAMUS, NJ 07652

This lender processed this small business 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

423510 - Metal Service Centers and Metal Merchant Wholesalers

Loan Approval Date

10/5/2007

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

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 2 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in South Plainfield NJ, you ought to talk with a local South Plainfield SBA lender or talk with an out-of-area SBA lender that has previously loaned money to South Plainfield 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.

Related Links:

Alternative Financing

SBA 7A Banks in Paramus, New Jersey

Getting an SBA Loan in New Jersey