Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Camp Hill, Pennsylvania Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Camp Hill, Pennsylvania Lender Lends Money to Coin-Operated Laundries And Drycleaning Company

Thinking about meeting with a Camp Hill, Pennsylvania bank about a business loan? Here's one Pennsylvania business loan, issued by a Camp Hill bank, that was approved by the SBA.

Applying for an SBA loan with Blc Bank worked out well for our friends at one local firm in Harrisburg, Pennsylvania. The business was able to get an SBA loan for $240,000. Great job!

SBA Loan Borrower

COMPANY TYPE: COIN-OPERATED LAUNDRIES AND DRYCLEANING
HARRISBURG, PA 17110

SBA Loan Lender

BLC BANK
2148 MARKET ST
CAMP HILL, PA 17011

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7215 - Coin-Operated Laundries and Drycleaning

NAICS Code

812310 - Coin-Operated Laundries and Drycleaners

Loan Approval Date

1/14/2004

Loan Approval Gross Amount

$240,000

Loan Approval from the SBA

Of the total $240,000 loan amount, the SBA guaranteed $180,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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SBA 7A Lenders in Camp Hill, Pennsylvania

SBA Lenders in Pennsylvania