Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Bryn Mawr, Pennsylvania SBA 7A Banks

 

 
Loan Census SBA Loan Info

Bryn Mawr, Pennsylvania Lender Lends Money to Automotive Repair And Maintenance Company

Get SBA loans from a Bryn Mawr, Pennsylvania bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Susquehanna Bank Dv is a Bryn Mawr, Pennsylvania small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Pennsylvania company.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE REPAIR AND MAINTENANCE
KUTZTOWN, PA 19530

SBA Loan Lender

SUSQUEHANNA BANK DV
101 S BRYN MAWR AVE
BRYN MAWR, PA 19010

This lender provides SBA business 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

811198 - Automotive Repair and Maintenance

Loan Approval Date

6/30/2005

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

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 2 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 6 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in Kutztown PA, you ought to talk with a local Kutztown SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kutztown businesses.

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.

Related Links:

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Small Bank Loans in Bryn Mawr, Pennsylvania

Getting an SBA Loan in Pennsylvania