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December 20, 2024  
 
 
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Lititz, Pennsylvania Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Lititz, Pennsylvania Bank Lends Money to Furniture Stores Company in Elizabethtown, Pennsylvania

Thinking about meeting with a Lititz, Pennsylvania bank about an SBA loan? Here's one Pennsylvania business loan, issued by a Lititz bank, that was approved by the SBA.

Applying for an SBA loan with Susquehanna Bank Pa worked out well for our friends at one local business in Elizabethtown, Pennsylvania. They got an SBA loan for $250,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
ELIZABETHTOWN, PA 17022

SBA Loan Lender

SUSQUEHANNA BANK PA
9 E MAIN ST
LITITZ, PA 17543

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442110 - Furniture Stores

Loan Approval Date

2/10/2003

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 12 employees. This SBA loan request indicated that the loan would help retain 12 existing jobs.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Raising Venture Capital

Small Bank Loans in Lititz, Pennsylvania

Getting an SBA Loan in Pennsylvania