New Jersey Bank Loan Issued to Media Buying Agencies Company
Looking to get a New Jersey SBA loan? This New Jersey entrepreneur got an SBA loan, provided by a Pennsylvania bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Sparta (census Name Lake Mohaw, New Jersey by studying this loan to a local business, made back in 2004. Banks like Sovereign Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: MEDIA BUYING AGENCIES
SPARTA (CENSUS NAME LAKE MOHAW, NJ 07871
SBA Loan Lender
SOVEREIGN BANK
1130 BERKSHIRE BLVD
WYOMISSING, PA 19610
This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541830 - Media Buying Agencies
Loan Approval Date
6/28/2004
Loan Approval Gross Amount
$145,000
Loan Approval from the SBA
Of the total $145,000 loan amount, the SBA guaranteed $123,250.
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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
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.
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