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December 22, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Bryn Mawr, Business Loans > Susquehanna Bank Dv Bryn Mawr Business Loans > Pharmacies And Drug Stores Loan | ||||
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Pennsylvania SBA 7A Lenders
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Bryn Mawr, Pennsylvania Lender Lends Money to Pharmacies And Drug Stores CompanyThinking about meeting with a Bryn Mawr, Pennsylvania bank about a business loan? Here's one New Jersey business loan, issued by a Bryn Mawr bank, that was approved by the SBA. Applying for an SBA loan with Susquehanna Bank Dv worked out well for our friends at one local firm in Cinnaminson, New Jersey. They received an SBA loan for $420,000. Way to go! SBA Loan Borrower COMPANY TYPE: PHARMACIES AND DRUG STORES SBA Loan Lender SUSQUEHANNA BANK DV As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 446110 - Pharmacies and Drug Stores Loan Approval Date 9/21/2005 Loan Approval Gross Amount $420,000 Loan Approval from the SBA Of the total $420,000 loan amount, the SBA guaranteed $315,000. 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 11 employees. This SBA loan request indicated that the loan would help retain 11 existing jobs. Next Steps for Getting an SBA Loan Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Good Banks for Small Business in Bryn Mawr, Pennsylvania Getting an SBA Loan in Pennsylvania
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