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| Entrepreneur Resources | Cit Small Business Lending Corp Livingston Business Loans | ||||
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Livingston Bank Loan
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Livingston, New Jersey Bank Gives SBA Loan to Catarineau & Catarineau LLCA Livingston, New Jersey small business loan can be yours. Learn how Catarineau & Catarineau LLC got a $571,000 business loan from this New Jersey bank.
This loan to Catarineau & Catarineau LLC is a good example of an SBA loan. Cit Small Business Lending Corp made the loan and the SBA guaranteed a portion of the loan. Many other Florida entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower CATARINEAU & CATARINEAU LLC SBA Loan Lender CIT SMALL BUSINESS LENDING CORP 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 541211 - Offices of Certified Public Accountants Loan Approval Date 6/24/2004 Loan Approval Gross Amount $571,000 Loan Approval from the SBA Of the total $571,000 loan amount, the SBA guaranteed $428,250. More Information on This SBA Loan The borrower, Catarineau & Catarineau LLC, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs. This loan was paid in full, and was closed out on 3/30/2007. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan to Catarineau & Catarineau LLC 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 SBA loan database. Related Links: Role of Business Plan When Raising Money Small Business 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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