Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

Media, Pennsylvania Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Pennsylvania Entrepreneur Secures Financing to Buy Taylor Rental Center Franchise

Borrowing money to invest in a Taylor Rental Center franchise? Susquehanna Bank Dv has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Taylor Rental Center franchise shouldn't be overly burdensome. In 2007, Susquehanna Bank Dv issued an SBA franchise loan to an entrepreneur in Media, Pennsylvania. Because Taylor Rental Center was registered with the SBA's registry of franchises, this Pennsylvania small business loan was issued on an expedited basis.

SBA Loan Borrower

TLMES CORP D/B/A TAYLOR RENTAL MEDIA
Media, PA 19063

SBA Loan Lender

SUSQUEHANNA BANK DV
101 S BRYN MAWR AVE
BRYN MAWR, PA 19010

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

532310 - General Rental Centers

Loan Approval Date

10/22/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Taylor Rental Center franchise. At the time of the loan, the company had 18 employees. The SBA loan documents indicated that the loan would help retain 18 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Susquehanna Bank Dv and they will explain how you can get an SBA loan for your company.

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.

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