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May 3, 2024 |
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| Home > Small Business Lenders by State > Delaware Business Loan Sources > Boyertown, Business Loans > National Penn Bank Boyertown Business Loans > Warm Air Heating And Air-Conditioning Equipment And Suppplies Wholesalers Loan | ||||
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Best Banks That Lend to Newark Small Businesses
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Newark, Delaware Entrepreneur Gets an SBA LoanDelawareBank loans are available to Delaware firms through the SBA. In this case, a Pennsylvania bank provides the loan. Getting a small business loan in Newark, Delaware was a top priority for this loan applicant back in 2002 and, based on their loan application, they were successful in getting an SBA loan from National Penn Bank. Here are the details on this Delaware small business loan. SBA Loan Borrower COMPANY TYPE: WARM AIR HEATING AND AIR-CONDITIONING EQUIPMENT AND SUPPPLIES WHOLESALERS SBA Loan Lender NATIONAL PENN BANK This business loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA promises a quick answer on whether the loan qualifies. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 421730 - Warm Air Heating and Air-Conditioning Equipment and Suppplies Wholesalers Loan Approval Date 10/24/2002 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $270,000. 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 4 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This SBA loan was for $300,000. How would you spend $300,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Accountant's Role in Securing Financing Best Banks for Small Business in Boyertown, Pennsylvania
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