Loan Census Banking News and Information
May 16, 2024  
 
 
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West Chester, Pennsylvania SBA Banks

 

 
Loan Census SBA Loan Info

West Chester, Pennsylvania Lender Lends Money to Offices And Clinics Of Chiropractors Company

Get business loans from a West Chester, Pennsylvania bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

First Chester Cnty Corp is a West Chester, Pennsylvania small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Pennsylvania company.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS
WEST CHESTER, PA 19382

SBA Loan Lender

FIRST CHESTER CNTY CORP
9 N HIGH ST
WEST CHESTER, PA 19380

This loan was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8041 - Offices and Clinics of Chiropractors

NAICS Code

621310 - Chiropractors

Loan Approval Date

4/24/2001

Loan Approval Gross Amount

$477,460

Loan Approval from the SBA

Of the total $477,460 loan amount, the SBA guaranteed $358,095.

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 12 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First Chester Cnty Corp had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First Chester Cnty Corp made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Advice on Getting a Small Business Loan

Best West Chester, Pennsylvania Banks for Small Business

SBA Lenders in Pennsylvania