Building Material Dealers Bank Loans

Looking for bank loans for building material dealers? Try the SBA. This $150,000 building material dealers loan was issued by a Pennsylvania bank.

Getting a small business loan in Chambersburg, Pennsylvania was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Susquehanna Bank, operating out of Greencastle, Pennsylvania. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: CONSTRUCTION MATERIALS
CHAMBERSBURG, PA 17201

SBA Loan Lender

SUSQUEHANNA BANK
35 N CARLISLE ST
GREENCASTLE, PA 17225

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5039 - Construction Materials

NAICS Code

444190 - Building Material Dealers

Loan Approval Date

11/8/2001

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

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

If you are raising money in Chambersburg PA, you ought to talk with a local Chambersburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Chambersburg businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $150,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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Small Bank Loans in Greencastle, Pennsylvania

SBA Lenders in Pennsylvania