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May 9, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Devon, Business Loans > Commerce Bank Devon Business Loans > Amusement And Theme Parks Loan | ||||
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Who Can Get a Business Loan in Willow Grove, Pennsylvania?
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How to Get a Loan for Amusement and Theme ParksWith these SBA loans for amusement and theme parks, the SBA guarantees the lender that the loan will be repaid. This amusement and theme parks loan for $300,000 was given to a Pennsylvania entrepreneur in 2002. This small business knew how to go about getting a business bank loan. Based in Willow Grove, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Commerce Bank, based in Devon, Pennsylvania. SBA Loan Borrower COMPANY TYPE: AMUSEMENT AND THEME PARKS SBA Loan Lender COMMERCE BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713110 - Amusement and Theme Parks Loan Approval Date 1/30/2002 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 19 new jobs and retain 20 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Commerce Bank 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: Dealing With Venture Capitalists SBA Participating Banks in Devon, Pennsylvania
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