Citizens Bank Of Pennsylvania SBA Loan to Repair Shops And Related Services Company

Want a Maryland SBA loan? Here's one Maryland business loan that was approved by the SBA.

This small business needed an SBA business loan in Gambrills, Maryland back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Citizens Bank Of Pennsylvania, operating out of Harrisburg, Pennsylvania. Here are the details on this Maryland small business loan.

SBA Loan Borrower

COMPANY TYPE: REPAIR SHOPS AND RELATED SERVICES
GAMBRILLS, MD 21108

SBA Loan Lender

CITIZENS BANK OF PENNSYLVANIA
10 S SECOND ST
HARRISBURG, PA 17101

This lender issued this particular bank 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.

SIC Code

7699 - Repair Shops and Related Services

Loan Approval Date

6/14/2000

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $60,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 business planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Realistic Debt Financing Options

SBA Participating Banks in Harrisburg, Pennsylvania

Getting an SBA Loan in Pennsylvania