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November 15, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Harrisburg, Business Loans > Centric Bank Harrisburg Business Loans > Eating Places Loan | ||||
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SBA Lender Harrisburg
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Harrisburg, Pennsylvania Lender Lends Money to Eating Places CompanyThinking about meeting with a Harrisburg, Pennsylvania bank about a small business loan? Here's one Pennsylvania business loan, issued by a Harrisburg bank, that was approved by the SBA. Applying for an SBA loan with Centric Bank worked out well for our friends at one local firm in Harrisburg, Pennsylvania. They got an SBA loan for $130,000. Awesome! SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender CENTRIC BANK This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 6/25/2003 Loan Approval Gross Amount $130,000 Loan Approval from the SBA Of the total $130,000 loan amount, the SBA guaranteed $110,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Determining Proper Capital Structure for a Business Find an SBA Lender in Harrisburg, Pennsylvania Browse All Business Loan Sources for Pennsylvania
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