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May 8, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Fort Lee, Business Loans > Bnb Bank, National Association Fort Lee Business Loans > Full-Service Restaurants Loan | ||||
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Raising Money in Willow Grove, Pennsylvania With SBA Loans
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Local Business Gets a Pennsylvania SBA LoanPennsylvaniaBusiness loans are available to Pennsylvania business owners through the SBA. In this case, a New Jersey bank provides the loan. You can learn something about getting a small business loan in Willow Grove, Pennsylvania by studying this loan to a local business, made back in 2007. Banks like Bnb Bank, National Association may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender BNB BANK, NATIONAL ASSOCIATION This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 722110 - Full-Service Restaurants Loan Approval Date 9/14/2007 Loan Approval Gross Amount $8,000 Loan Approval from the SBA Of the total $8,000 loan amount, the SBA guaranteed $4,000. 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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 5 existing jobs. Next Steps for Getting an SBA Loan If you are wondering how to raise money for a business in Willow Grove PA, you ought to talk with a local Willow Grove SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Willow Grove businesses. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Bnb Bank, National Association 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: SBA Approved Banks in Fort Lee, New Jersey
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