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November 24, 2024  
 
 
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Souderton, Pennsylvania Bank Lends Money to Commercial Gravure Printing Company in Hatfield, Pennsylvania

Find Souderton, Pennsylvania banks that specialize in business loans and know how to work with entrepreneurs. Univest Corp - Pennsylvania is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Hatfield, Pennsylvania starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Univest Corp - Pennsylvania. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL GRAVURE PRINTING
HATFIELD, PA 19440

SBA Loan Lender

UNIVEST CORP - PENNSYLVANIA
14 N MAIN ST
SOUDERTON, PA 18964

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323111 - Commercial Gravure Printing

Loan Approval Date

11/8/2001

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $120,000.

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 27 employees. The loan application did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We can help you find the best banks for small businesses in Hatfield 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:

Obtaining Funding - Getting Venture Capital

Best Banks in Souderton, Pennsylvania

SBA Pennsylvania Banks