Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Raising Money in Collegeville, Pennsylvania With SBA Loans

 

 
Loan Census SBA Loan Info

Bucks County Bank Provides SBA Loan to Buy Salad Works Franchise

Borrowing money to invest in a Salad Works franchise? Bucks County Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Salad Works franchise? If so, here's a 2006 SBA franchise loan that you should know about. Bucks County Bank was the lender and the entrepreneur was based in Collegeville, Pennsylvania.

SBA Loan Borrower

SALADWORKS
COLLEGEVILLE, PA 19426

SBA Loan Lender

BUCKS COUNTY BANK
200 S MAIN ST
DOYLESTOWN, PA 18901

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

722211 - Limited-Service Restaurants

Loan Approval Date

1/27/2006

Loan Approval Gross Amount

$280,000

Loan Approval from the SBA

Of the total $280,000 loan amount, the SBA guaranteed $140,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Salad Works franchise. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs.

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.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bucks County Bank and they will explain how you can get an SBA loan for your company.

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:

Saladworks, Inc.

Strategic Investors

Best Doylestown, Pennsylvania Banks for Small Business

Pennsylvania SBA Bank Lenders