Gettysburg, Pennsylvania Bank Lends Money to Offices And Clinics Of Doctors Of Medicine Company in Hanover, Pennsylvania

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

Applying for an SBA loan with Blc Bank worked out well for our friends at one local company in Hanover, Pennsylvania. They received an SBA loan for $358,000. Great job!

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE
HANOVER, PA 17331

SBA Loan Lender

BLC BANK
6 YORK ST
GETTYSBURG, PA 17325

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8011 - Offices and Clinics of Doctors of Medicine

NAICS Code

621111 - Physicians

Loan Approval Date

8/7/2003

Loan Approval Gross Amount

$358,000

Loan Approval from the SBA

Of the total $358,000 loan amount, the SBA guaranteed $268,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 9 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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. Blc Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Blc 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.

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