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November 21, 2024  
 
 
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Get an SBA Loan for Direct Selling Establishments

Looking for loans for direct selling establishments? The SBA may be the answer. This $93,500 direct selling establishments loan was issued by a Nebraska bank.

This company knew how to go about getting a business bank loan. Based in Harrisburg, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was First National Bank, based in Schuyler, Nebraska.

SBA Loan Borrower

COMPANY TYPE: DIRECT SELLING ESTABLISHMENTS
HARRISBURG, PA 17110

SBA Loan Lender

FIRST NATIONAL BANK
1123 'B' ST
SCHUYLER, NE 68661

The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

454390 - Direct Selling Establishments

Loan Approval Date

3/1/2007

Loan Approval Gross Amount

$93,500

Loan Approval from the SBA

Of the total $93,500 loan amount, the SBA guaranteed $46,750.

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 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs.

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

If you are wondering how to raise money for a company in Harrisburg PA, you ought to talk with a local Harrisburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Harrisburg businesses.

This SBA loan was for $93,500. How would you spend $93,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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