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May 2, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Bryn Mawr, Business Loans > Susquehanna Bank Dv Bryn Mawr Business Loans > Petroleum Bulk Stations And Terminals Loan | ||||
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Bryn Mawr Bank Loan
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Bryn Mawr, Pennsylvania Lender Lends Money to Petroleum Bulk Stations And Terminals CompanyWant to talk with a Bryn Mawr, Pennsylvania bank about a business loan? Here's one Maryland business loan, issued by a Bryn Mawr bank, that was approved by the SBA. Applying for an SBA loan with Susquehanna Bank Dv worked out well for our friends at one local company in Baltimore, Maryland. They received an SBA loan for $350,000. Way to go! SBA Loan Borrower COMPANY TYPE: PETROLEUM BULK STATIONS AND TERMINALS SBA Loan Lender SUSQUEHANNA BANK DV 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 424710 - Petroleum Bulk Stations and Terminals Loan Approval Date 11/6/2006 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $262,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 9 existing jobs. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Susquehanna Bank Dv 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. Related Links: Family and Friend Investors - Your First Financiers Small Bank Loans in Bryn Mawr, Pennsylvania
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