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December 22, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Fort Lee, Business Loans > Bnb Bank, National Association Fort Lee Business Loans > Vmax Inc Loan | ||||
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Best Banks for Franchise Loans in New Jersey
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Bnb Bank, National Association Provides SBA Loan to Buy Cold Stone Creamery FranchiseNeed a loan to buy a Cold Stone Creamery franchise? Bnb Bank, National Association has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in West Orange (township Of), New Jersey needed money to invest in a Cold Stone Creamery franchise back in 2004. Bnb Bank, National Association issued an SBA franchise loan. Here are the details on this New Jersey small business loan. SBA Loan Borrower VMAX INC SBA Loan Lender BNB BANK, NATIONAL ASSOCIATION 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 445299 - Specialty Food Stores Loan Approval Date 8/4/2004 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Cold Stone Creamery franchise. At the time of the loan, the company had 48 employees. This SBA loan request indicated that the loan would help generate 48 new jobs and retain 48 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? 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: Best Fort Lee, New Jersey Banks for Small Business Getting an SBA Loan in New Jersey
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