Financing for Drinking Places
Looking for loans for drinking places? An SBA loan may be just what you've been looking for. This $807,000 drinking places loan was issued by a Connecticut bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Wildwood, New Jersey was able to borrow $807,000 from Business Lenders, LLC. The SBA made the loan possible by guaranteeing $605,250 of this New Jersey small business loan.
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
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
722410 - Drinking Places
Loan Approval Date
10/22/2001
Loan Approval Gross Amount
$807,000
Loan Approval from the SBA
Of the total $807,000 loan amount, the SBA guaranteed $605,250.
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!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Business Lenders, LLC so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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SBA Lenders in Connecticut