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November 21, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Mortgage And Nonmortgage Loan Brokers Loan | ||||
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New Jersey Small Business Loans from Washington Mutual Bank
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SBA Loan from Washington Mutual Bank Helps Mortgage And Nonmortgage Loan Brokers CompanyAn SBA loan from Washington Mutual Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Union (unionbury), New Jersey business owner got a $500,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Union (unionbury), New Jersey was able to borrow $500,000 from Washington Mutual Bank. The SBA made the loan possible by guaranteeing $375,000 of this New Jersey small business loan. SBA Loan Borrower COMPANY TYPE: MORTGAGE AND NONMORTGAGE LOAN BROKERS SBA Loan Lender WASHINGTON MUTUAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 522310 - Mortgage and Nonmortgage Loan Brokers Loan Approval Date 2/19/2003 Loan Approval Gross Amount $500,000 Loan Approval from the SBA Of the total $500,000 loan amount, the SBA guaranteed $375,000. 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 14 employees. The SBA loan documents indicated that the loan would help generate 12 new jobs and retain 26 existing jobs. Start the Process for Getting an SBA Loan Today! If you are raising money in Union (unionbury) NJ, you ought to talk with a local Union (unionbury) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Union (unionbury) 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 $500,000 loan. Remember, feel the fear, and do it anyway. 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: Best Banks in Henderson, Nevada
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