Floor Laying and Floor Contractors SBA Loans
Looking for SBA loans for floor laying and floor contractors? The SBA may be the answer. This $250,000 floor laying and floor contractors loan was issued by a Pennsylvania bank.
This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Commerce Bank, out of Devon, Pennsylvania. The loan was granted and they received $250,000 to help grow their King Of Prussia, Pennsylvania business.
SBA Loan Borrower
COMPANY TYPE: FLOOR LAYING AND FLOOR CONTRACTORS
KING OF PRUSSIA, PA 19406
SBA Loan Lender
COMMERCE BANK
200 LANCASTER AVE
DEVON, PA 19333
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
235520 - Floor Laying and Floor Contractors
Loan Approval Date
11/27/2002
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Bank Credit Lines
Small Bank Loans in Devon, Pennsylvania
Pennsylvania SBA Bank Lenders