Loan Census Banking News and Information
May 9, 2024  
 
 
  Business Loan Information  
 

SBA Lender Pennsylvania

 

 
Loan Census SBA Loan Info

Firstrust Savings Bank SBA Loan to Packaging And Labeling Services Company

Firstrust Savings Bank has a track record as a leading provider of SBA loans. Find out how this Pennsylvania entrepreneur received an SBA loan from them.

This growing company knew how to go about getting a business bank loan. Based in North Wales, Pennsylvania, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Firstrust Savings Bank, based in Conshohocken, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: PACKAGING AND LABELING SERVICES
NORTH WALES, PA 19454

SBA Loan Lender

FIRSTRUST SAVINGS BANK
15 E RIDGE PIKE
CONSHOHOCKEN, PA 19428

This SBA 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

561910 - Packaging and Labeling Services

Loan Approval Date

2/20/2007

Loan Approval Gross Amount

$325,000

Loan Approval from the SBA

Of the total $325,000 loan amount, the SBA guaranteed $162,500.

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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in North Wales PA, you ought to talk with a local North Wales SBA lender or talk with an out-of-area SBA lender that has previously loaned money to North Wales businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Firstrust Savings Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Banking Deregulation's Effects on Entrepreneurship

Small Business Banks in Conshohocken, Pennsylvania

Browse All Business Loan Sources for Pennsylvania