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May 17, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Pottstown, Business Loans > Susquehanna Bank Dv Pottstown Business Loans > Store Retailers Loan | ||||
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Small Business Banks for Downingtown Business Owners
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Store Retailers SBA LoansLooking for SBA loans for store retailers? Talk to a banker who works with the SBA. This $22,300 store retailers loan was issued by a Pennsylvania bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Downingtown, Pennsylvania was able to borrow $22,300 from Susquehanna Bank Dv. The SBA made the loan possible by guaranteeing $18,955 of this Pennsylvania small business loan. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender SUSQUEHANNA BANK DV This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453998 - Store Retailers Loan Approval Date 4/5/2004 Loan Approval Gross Amount $22,300 Loan Approval from the SBA Of the total $22,300 loan amount, the SBA guaranteed $18,955. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. While you may be able to borrow money from friends and family, 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: Raising VC Money for Social Networking Companies Best Banks for Small Business in Pottstown, Pennsylvania
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