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| Entrepreneur Resources | Cit Small Business Lending Corp Livingston Business Loans | ||||
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Cit Small Business Lending Corp Business Loans Austin
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SBA Loan from Cit Small Business Lending Corp Helps Rivercity InteriorsCit Small Business Lending Corp and the SBA work together to get business loans for growing small businesses. Here's an example of how a Texas entrepreneur was able to get a loan to take a small business to the next level.
Rivercity Interiors received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Cit Small Business Lending Corp, out of Livingston, New Jersey. The loan was granted and they received $553,000 to help grow their Austin, Texas business. SBA Loan Borrower RIVERCITY INTERIORS SBA Loan Lender CIT SMALL BUSINESS LENDING CORP 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 235420 - Drywall, Plastering, Acoustical, and Insulation Contractors Loan Approval Date 5/2/2001 Loan Approval Gross Amount $553,000 Loan Approval from the SBA Of the total $553,000 loan amount, the SBA guaranteed $414,750. More Information on This SBA Loan The borrower, Rivercity Interiors, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 16 employees. The SBA loan documents indicated that the loan would help retain 16 existing jobs. Start the Process for Getting an SBA Loan Today! Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We've showcased information on this loan to Rivercity Interiors 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 SBA loan database. Related Links: SBA Participating Banks in Livingston, New Jersey Getting an SBA Loan in New Jersey If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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