Commerce Bank/harrisburg Natl SBA Loan to Eating Places Company

An SBA loan from Commerce Bank/harrisburg Natl typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Camp Hill (pc Rr Name Lemoyne-, Pennsylvania business owner got a $30,000 loan.

This small firm knew how to go about getting a business bank loan. Based in Camp Hill (pc Rr Name Lemoyne-, Pennsylvania, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Commerce Bank/harrisburg Natl, based in Lemoyne, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
CAMP HILL (PC RR NAME LEMOYNE-, PA 17011

SBA Loan Lender

COMMERCE BANK/HARRISBURG NATL
1249 MARKET ST
LEMOYNE, PA 17043

This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

5812 - Eating Places

Loan Approval Date

3/1/2000

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the funding would help generate 4 new jobs.

Next Steps for Getting an SBA Loan

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

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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

SBA Banks in Lemoyne, Pennsylvania

Pennsylvania SBA Bank Lenders