Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

How to Get a Small Business Loan from Vist Bank

 

 
Loan Census SBA Loan Info

SBA Loan from Vist Bank Helps Liquefied Petroleum Gas Dealers Company

An SBA loan from Vist Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Bernville, Pennsylvania business owner got a $200,000 loan.

Getting a small business loan in Bernville, Pennsylvania was an essential business goal for this firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Vist Bank, operating out of Wyomissing, Pennsylvania. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: LIQUEFIED PETROLEUM GAS DEALERS
BERNVILLE, PA 19506

SBA Loan Lender

VIST BANK
1240 BROADCASTING RD
WYOMISSING, PA 19610

This bank loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

454312 - Liquefied Petroleum Gas Dealers

Loan Approval Date

4/22/2004

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

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 7 employees. The SBA loan documents did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 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.

Related Links:

The Art of Bootstrapping

SBA 7A Lenders in Wyomissing, Pennsylvania

SBA Lenders in Pennsylvania