Loan Census Banking News and Information
December 24, 2024  
 
 
  Business Loan Information  
 

Livingston, New Jersey Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Livingston, New Jersey Bank Lends Money to Commercial Printing Company in Tabb, Virginia

Thinking about meeting with a Livingston, New Jersey bank about an SBA loan? Here's one Virginia business loan, issued by a Livingston bank, that was approved by the SBA.

Applying for an SBA loan with Cit Small Business Lending Corp worked out well for our friends at one local business in Tabb, Virginia. They got an SBA loan for $768,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
TABB, VA 23693

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

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

323119 - Commercial Printing

Loan Approval Date

11/26/2002

Loan Approval Gross Amount

$768,000

Loan Approval from the SBA

Of the total $768,000 loan amount, the SBA guaranteed $576,000.

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 7 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 6 existing jobs.

Next Steps for Getting an SBA Loan

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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

Small Business Banks in Livingston, New Jersey

SBA Lenders in New Jersey