Harrisburg, Pennsylvania Business Gets SBA-Guaranteed Funding from Commerce Bank/harrisburg Natl

An SBA loan from Commerce Bank/harrisburg Natl typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Harrisburg, Pennsylvania business owner got a $83,300 loan.

Getting a small business loan in Harrisburg, Pennsylvania was an essential business goal for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Commerce Bank/harrisburg Natl, operating out of Lemoyne, Pennsylvania. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES
Harrisburg, PA 17112

SBA Loan Lender

COMMERCE BANK/HARRISBURG NATL
1249 MARKET ST
LEMOYNE, PA 17043

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541990 - Professional, Scientific, and Technical Services

Loan Approval Date

11/28/2007

Loan Approval Gross Amount

$83,300

Loan Approval from the SBA

Of the total $83,300 loan amount, the SBA guaranteed $70,805.

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 no employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

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

If you are raising money in Harrisburg PA, you ought to talk with a local Harrisburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Harrisburg businesses.

We can help you find the best banks for small businesses in Harrisburg or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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