Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

I Need a Business Loan to Buy a Franchise in Pine Grove, Pennsylvania

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Oreck Floor Care Center Franchise

Need a loan to buy an Oreck Floor Care Center franchise? Commerce Bank has a history of making these loans and they are guaranteed by the SBA.

Oreck Floor Care Center franchise loans are available to Pine Grove, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Commerce Bank, based in Philadelphia, Pennsylvania, issued an SBA franchise loan for an Oreck Floor Care Center franchise in 2005. We've got all the details on this Pennsylvania small business loan.

SBA Loan Borrower

D&G CLEAN HOME CENTERS OF PA I
PINE GROVE, PA 17963

SBA Loan Lender

COMMERCE BANK
2005 MARKET ST
PHILADELPHIA, PA 19103

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

443111 - Household Appliance Stores

Loan Approval Date

4/7/2005

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Oreck Floor Care Center franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $120,000 loan. Remember, fight for what you want, and it will be yours!

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

Find an SBA Lender in Philadelphia, Pennsylvania

SBA Lenders in Pennsylvania