Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Woodbury, New Jersey SBA Banks

 

 
Loan Census SBA Loan Info

Woodbury, New Jersey Lender Lends Money to Personal Care Services Company

Get business loans from a Woodbury, New Jersey bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

The Bank is a Woodbury, New Jersey small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a New Jersey company.

SBA Loan Borrower

COMPANY TYPE: PERSONAL CARE SERVICES
WOODBURY, NJ 08096

SBA Loan Lender

THE BANK
100 PARK AVE
WOODBURY, NJ 08096

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

812199 - Personal Care Services

Loan Approval Date

3/8/2004

Loan Approval Gross Amount

$89,800

Loan Approval from the SBA

Of the total $89,800 loan amount, the SBA guaranteed $44,900.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

While you may be able to find other ways to get money to start a business, 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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