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December 20, 2024  
 
 
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How Do We Get a Business Loan in Wildwood, New Jersey?

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Drinking Places

Looking for small business loans for drinking places? Try the SBA. This $343,000 drinking places loan was issued by a Connecticut bank.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Business Lenders, LLC, out of Hartford, Connecticut. The loan was granted and they received $343,000 to help grow their Wildwood, New Jersey business.

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
WILDWOOD, NJ 08260

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722410 - Drinking Places

Loan Approval Date

10/19/2001

Loan Approval Gross Amount

$343,000

Loan Approval from the SBA

Of the total $343,000 loan amount, the SBA guaranteed $257,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The loan application indicated that the loan would help retain 12 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Wildwood NJ, you ought to talk with a local Wildwood SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wildwood businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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