Loan Census Banking News and Information
May 11, 2024  
 
 
  Business Loan Information  
 

Mechanicsburg, Pennsylvania Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Commercial Flexographic Printing Bank Loans

With these bank loans for commercial flexographic printing, the SBA guarantees the lender that the loan will be repaid. This commercial flexographic printing loan for $300,000 was given to a Pennsylvania entrepreneur in 2001.

This company knew how to go about getting a business bank loan. Based in Mechanicsburg, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was The Legacy Bank, A Division Of, based in Harrisburg, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
MECHANICSBURG, PA 17055

SBA Loan Lender

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

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

2759 - Commercial Printing

NAICS Code

323112 - Commercial Flexographic Printing

Loan Approval Date

11/29/2001

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

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 19 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The Legacy Bank, A Division Of are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Borrowing Money from Friends and Family

SBA 7A Banks in Harrisburg, Pennsylvania

Getting an SBA Loan in Pennsylvania