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May 18, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Dallas, Business Loans > Comerica Bank Dallas Business Loans > Pet And Pet Supplies Stores Loan | ||||
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How to Get an SBA Loan in Fairless Hills, Pennsylvania
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Company Gets a Pennsylvania Small Business LoanLooking to get a Pennsylvania SBA loan? This Pennsylvania entrepreneur got an SBA loan, provided by a Texas bank that works with the SBA to help small business owners. Getting a small business loan in Fairless Hills, Pennsylvania was a top priority for this particular business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Comerica Bank. Here are the details on this Pennsylvania small business loan. SBA Loan Borrower COMPANY TYPE: PET AND PET SUPPLIES STORES SBA Loan Lender COMERICA BANK This lender provides SBA bank 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 453910 - Pet and Pet Supplies Stores Loan Approval Date 7/17/2007 Loan Approval Gross Amount $910,000 Loan Approval from the SBA Of the total $910,000 loan amount, the SBA guaranteed $682,500. 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. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $910,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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:
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