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May 19, 2024  
 
 
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Raising Money in Spring Grove, Pennsylvania With SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Ice Cream and Frozen Dessert Manufacturing

Looking for small business loans for ice cream and frozen dessert manufacturing? The SBA may be the answer. This $90,000 ice cream and frozen dessert manufacturing loan was issued by a Pennsylvania bank.

This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with York Traditions Bank, out of York, Pennsylvania. The loan was granted and they received $90,000 to help grow their Spring Grove, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: ICE CREAM AND FROZEN DESSERTS
SPRING GROVE, PA 17362

SBA Loan Lender

YORK TRADITIONS BANK
2305 SUSQUEHANNA TRL NORTH
YORK, PA 17404

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2024 - Ice Cream and Frozen Desserts

NAICS Code

311520 - Ice Cream and Frozen Dessert Manufacturing

Loan Approval Date

11/1/2000

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $72,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application did not indicate that the company planned to use the money to add employees 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.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from York Traditions Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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 Banks in York, Pennsylvania

Getting an SBA Loan in Pennsylvania