Susquehanna Bank Pa SBA Loan to Automotive Repair And Maintenance Company
Susquehanna Bank Pa is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Pennsylvania entrepreneur who tapped into the power of SBA loans.
Getting a small business loan in Dallastown, Pennsylvania was an essential business goal for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Susquehanna Bank Pa, operating out of Lititz, Pennsylvania. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: AUTOMOTIVE REPAIR AND MAINTENANCE
DALLASTOWN, PA 17313
SBA Loan Lender
SUSQUEHANNA BANK PA
9 E MAIN ST
LITITZ, PA 17543
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
811198 - Automotive Repair and Maintenance
Loan Approval Date
4/9/2003
Loan Approval Gross Amount
$275,000
Loan Approval from the SBA
Of the total $275,000 loan amount, the SBA guaranteed $206,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Business Line of Credit
SBA 7A Banks for Lititz, Pennsylvania Loans
Pennsylvania SBA Bank Lenders