 |
 |
November 15, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Vineland, Business Loans > Sun National Bank Vineland Business Loans > Fish And Seafood Markets Loan | ||||
 |
||||
SBA 7A Banks for Elkins Park, Pennsylvania Businesses
|
||||
 |
Pennsylvania Small Business Loan Issued to Fish And Seafood Markets CompanyPennsylvaniaBusiness loans are available to Pennsylvania business owners through the SBA. In this case, a New Jersey bank provides the loan. You can learn something about getting a small business loan in Elkins Park, Pennsylvania by studying this loan to a local business, made back in 2005. Banks like Sun National Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: FISH AND SEAFOOD MARKETS SBA Loan Lender SUN NATIONAL BANK 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 445220 - Fish and Seafood Markets Loan Approval Date 12/23/2005 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Sun National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Sun National Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Banking Deregulation's Effects on Entrepreneurship
|
|
||
|
||||
|
|
||||