Loan Census Banking News and Information
May 5, 2024  
 
 
  Business Loan Information  
 

Where Can I Find Franchise Loans in Hershey, Pennsylvania?

 

 
Loan Census SBA Loan Info

Pennsylvania Entrepreneur Secures Financing to Buy Budget Blinds Franchise

Need money to buy a Budget Blinds franchise? The Legacy Bank, A Division Of has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Hershey, Pennsylvania needed money to invest in a Budget Blinds franchise back in 2005. The Legacy Bank, A Division Of issued an SBA franchise loan. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

LIGER ASSOCIATES,LLC
HERSHEY, PA 17033

SBA Loan Lender

THE LEGACY BANK, A DIVISION OF
2600 COMMERCE DR
HARRISBURG, PA 17110

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442291 - Window Treatment Stores

Loan Approval Date

1/21/2005

Loan Approval Gross Amount

$57,000

Loan Approval from the SBA

Of the total $57,000 loan amount, the SBA guaranteed $48,450.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Budget Blinds franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Legacy Bank, A Division Of and they will explain how you can get an SBA loan for your company.

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:

Budget Blinds

Role of Business Plan When Raising Money

SBA 7A Lenders in Harrisburg, Pennsylvania

Where to Get an SBA Loan Pennsylvania