Borrowing Money for Funeral Homes and Funeral Services
Looking for loans for funeral homes and funeral services? An SBA loan may be just what you've been looking for. This $100,000 funeral homes and funeral services loan was issued by a Wisconsin bank.
This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Legacy Bank, out of Milwaukee, Wisconsin. The loan was granted and they received $100,000 to help grow their Harrisburg, Pennsylvania business.
SBA Loan Borrower
COMPANY TYPE: FUNERAL HOMES AND FUNERAL SERVICES
HARRISBURG, PA 17109
SBA Loan Lender
LEGACY BANK
2102 W FOND DU LAC AVE
MILWAUKEE, WI 53206
The lender provided this loan 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
812210 - Funeral Homes and Funeral Services
Loan Approval Date
5/25/2004
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We can help you find the best banks for small businesses in Harrisburg or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
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Who Lends Money to Small Businesses in Milwaukee, Wisconsin
Wisconsin SBA 7A Lenders