SBA Loans for Fabricated Wire Product Manufacturing
Looking for SBA loans for fabricated wire product manufacturing? Try the SBA. This $545,000 fabricated wire product manufacturing loan was issued by a New Jersey bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in West Orange (township Of), New Jersey was able to borrow $545,000 from Unity Bank. The SBA made the loan possible by guaranteeing $408,750 of this New Jersey small business loan.
SBA Loan Borrower
COMPANY TYPE: FABRICATED WIRE PRODUCT MANUFACTURING
WEST ORANGE (TOWNSHIP OF), NJ 07052
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
This lender provides SBA loans 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
332618 - Fabricated Wire Product Manufacturing
Loan Approval Date
4/30/2004
Loan Approval Gross Amount
$545,000
Loan Approval from the SBA
Of the total $545,000 loan amount, the SBA guaranteed $408,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 26 employees. This SBA loan request indicated that the loan would help retain 25 existing jobs.
Getting an SBA Loan For Your Business
Don't forget. To get an SBA loan, you must 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.
We can help you find the best banks for small businesses in West Orange (township Of) or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Getting a Small Business Loan
Small Business Banks in Clinton, New Jersey
New Jersey SBA 7A Banks