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November 14, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Bryn Mawr, Business Loans > Susquehanna Bank Dv Bryn Mawr Business Loans > Meat And Meat Product Merchant Wholesalers Loan | ||||
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Banks in New Jersey
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How to Get a Loan for Meat and Meat Product Merchant WholesalersLooking for SBA loans for meat and meat product merchant wholesalers? An SBA loan may be just what you've been looking for. This $1,035,000 meat and meat product merchant wholesalers loan was issued by a Pennsylvania bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Vineland, New Jersey was able to borrow $1,035,000 from Susquehanna Bank Dv. The SBA made the loan possible by guaranteeing $776,250 of this New Jersey small business loan. SBA Loan Borrower COMPANY TYPE: MEAT AND MEAT PRODUCT MERCHANT WHOLESALERS SBA Loan Lender SUSQUEHANNA BANK DV 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 424470 - Meat and Meat Product Merchant Wholesalers Loan Approval Date 12/6/2006 Loan Approval Gross Amount $1,035,000 Loan Approval from the SBA Of the total $1,035,000 loan amount, the SBA guaranteed $776,250. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Getting an SBA Loan For Your Business Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. This SBA loan was for $1,035,000. How would you spend $1,035,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Raising VC Money for Social Networking Companies Best Banks for Small Business in Bryn Mawr, Pennsylvania Browse All Business Loan Sources for Pennsylvania
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