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May 17, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Pottstown, Business Loans > Susquehanna Bank Dv Pottstown Business Loans > Men's And Boys' Cut And Sew Work Clothing Manufacturing Loan | ||||
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Pennsylvania Small Business Funding
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Commercial Loans for Men's and Boys' Cut and Sew Work Clothing ManufacturingWith these commercial loans for men's and boys' cut and sew work clothing manufacturing, the SBA guarantees the lender that the loan will be repaid. This men's and boys' cut and sew work clothing manufacturing loan for $150,000 was given to a Pennsylvania entrepreneur in 2003. Getting a small business loan in Bethlehem, Pennsylvania was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Susquehanna Bank Dv, operating out of Pottstown, Pennsylvania. Here are the details on this Pennsylvania small business loan. SBA Loan Borrower COMPANY TYPE: MEN'S AND BOYS' CUT AND SEW WORK CLOTHING MANUFACTURING SBA Loan Lender SUSQUEHANNA BANK DV The lender provided this commercial 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 315225 - Men's and Boys' Cut and Sew Work Clothing Manufacturing Loan Approval Date 11/25/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. 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. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 Pottstown, Pennsylvania
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