Loan to Buy Play It Again Sports retail Sports Franchise Issued By Mid Penn Bank

Need money to purchase a Play It Again Sports retail Sports franchise? Mid Penn Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Play It Again Sports retail Sports franchise? If so, here's a 2004 SBA franchise loan that you should know about. Mid Penn Bank was the lender and the entrepreneur was based in Camp Hill, Pennsylvania.

SBA Loan Borrower

T&G MANAGEMENT GROUP
CAMP HILL, PA 17011

SBA Loan Lender

MID PENN BANK
2615 N FRONT ST
HARRISBURG, PA 17110

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

12/2/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Play It Again Sports retail Sports franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Mid Penn 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.

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