Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Philadelphia, Pennsylvania Entrepreneurs

 

 
Loan Census SBA Loan Info

Where to Get Capital for Beer and Ale Wholesalers

With these SBA loans for beer and ale wholesalers, the SBA guarantees the lender that the loan will be repaid. This beer and ale wholesalers loan for $1,000,000 was given to a Pennsylvania entrepreneur in 2002.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Univest National Bank & Trust., out of Doylestown, Pennsylvania. The loan was granted and they received $1,000,000 to help grow their Philadelphia, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: BEER AND ALE WHOLESALERS
PHILADELPHIA, PA 19146

SBA Loan Lender

UNIVEST NATIONAL BANK & TRUST.
842 N EASTON RD
DOYLESTOWN, PA 18901

This loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending history and a deep knowledge SBA loan requirements.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

422810 - Beer and Ale Wholesalers

Loan Approval Date

7/25/2002

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.

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 4 employees. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels 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.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Obtaining Funding From a Venture Capitalist

SBA Banks in Doylestown, Pennsylvania

SBA Lenders in Pennsylvania