Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Sparta (census Name Lake Mohaw, New Jersey Bank Loan

 

 
Loan Census SBA Loan Info

Sparta (census Name Lake Mohaw, NJ Entrepreneur Gets SBA Loan to Buy Goddard Early Learning Center Franchise

Borrowing money to purchase a Goddard Early Learning Center franchise? Commerce Bank/north has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Goddard Early Learning Center franchise shouldn't be too tough. In 2004, Commerce Bank/north issued an SBA franchise loan to an entrepreneur in Sparta (census Name Lake Mohaw, New Jersey. Because Goddard Early Learning Center was registered with the SBA's registry of franchises, this New Jersey small business loan was issued on an expedited basis.

SBA Loan Borrower

THE GODDARD SCHOOL- SPARTA
SPARTA (CENSUS NAME LAKE MOHAW, NJ 07871

SBA Loan Lender

COMMERCE BANK/NORTH
1100 LAKE ST
RAMSEY, NJ 07446

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

624410 - Child Day Care Services

Loan Approval Date

5/17/2004

Loan Approval Gross Amount

$318,000

Loan Approval from the SBA

Of the total $318,000 loan amount, the SBA guaranteed $238,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Goddard Early Learning Center franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 7 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Sparta (census Name Lake Mohaw NJ, you ought to talk with a local Sparta (census Name Lake Mohaw SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sparta (census Name Lake Mohaw businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $318,000 loan. Remember, things become real when you believe you can achieve them!

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 for Ramsey, New Jersey Loans

New Jersey SBA 7A Lenders