Direct Selling Establishments Loans

Looking for loans for direct selling establishments? An SBA loan may be just what you've been looking for. This $150,000 direct selling establishments loan was issued by a Pennsylvania bank.

Getting a small business loan in Coatesville, Pennsylvania was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Willow Financial Bank, operating out of Wayne, Pennsylvania. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: DIRECT SELLING ESTABLISHMENTS
COATESVILLE, PA 19320

SBA Loan Lender

WILLOW FINANCIAL BANK
170 S WARNER RD, STE 300
WAYNE, PA 19087

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

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

NAICS Code

454390 - Direct Selling Establishments

Loan Approval Date

8/6/2007

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 10 employees. The loan application indicated that the loan would help generate 1 new job and retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Coatesville PA, you ought to talk with a local Coatesville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Coatesville businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Willow Financial 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:

Getting a Small Business Loan

Banks in Wayne, Pennsylvania

Pennsylvania SBA 7A Lenders