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May 13, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Wyomissing, Business Loans > Vist Bank Wyomissing Business Loans > Bus And Motor Vehicle Transit Systems Loan | ||||
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Pennsylvania SBA Lenders
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Entrepreneur Works With Wyomissing, Pennsylvania Bank to Get an SBA LoanA Wyomissing, Pennsylvania SBA loan can be yours. Learn how a company got a $172,800 business loan from this Pennsylvania bank. This loan to an entrepreneur is a good example of an SBA loan. Vist Bank made the loan and the SBA guaranteed a portion of the loan. Many other Pennsylvania entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: BUS AND MOTOR VEHICLE TRANSIT SYSTEMS SBA Loan Lender VIST BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 485113 - Bus and Motor Vehicle Transit Systems Loan Approval Date 9/10/2002 Loan Approval Gross Amount $172,800 Loan Approval from the SBA Of the total $172,800 loan amount, the SBA guaranteed $129,600. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 15 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $172,800 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: SBA Banks in Wyomissing, Pennsylvania Where to Get an SBA Loan Pennsylvania
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