Business Loan from Sun National Bank Given to Real Estate Agents And Managers Company
An SBA loan from Sun National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Whitehouse Station, New Jersey business owner got a $200,000 loan.
Getting a small business loan in Whitehouse Station, New Jersey was an essential business goal for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Sun National Bank, operating out of Branchburg, New Jersey. Here are the details on this New Jersey small business loan.
SBA Loan Borrower
COMPANY TYPE: REAL ESTATE AGENTS AND MANAGERS
WHITEHOUSE STATION, NJ 08889
SBA Loan Lender
SUN NATIONAL BANK
3421 RTE 22 EAST
BRANCHBURG, NJ 08876
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
6531 - Real Estate Agents and Managers
NAICS Code
531210 - Real Estate Agents and Brokers
Loan Approval Date
9/25/2003
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
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 5 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Direct Public Offerings
Small Bank Loans in Branchburg, New Jersey
Where to Get an SBA Loan New Jersey