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November 15, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Wayne, Business Loans > Willow Financial Bank Wayne Business Loans > Sporting Goods Stores Loan | ||||
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Pennsylvania SBA Banks
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Wayne, Pennsylvania Bank Gives SBA Loan to Sporting Goods Stores CompanyWant to talk with a Wayne, Pennsylvania bank about a business loan? Here's one Pennsylvania business loan, issued by a Wayne bank, that was approved by the SBA. Applying for an SBA loan with Willow Financial Bank worked out well for our friends at one local firm in Horsham, Pennsylvania. The business was able to get an SBA loan for $200,000. Nice! SBA Loan Borrower COMPANY TYPE: SPORTING GOODS STORES SBA Loan Lender WILLOW FINANCIAL BANK The lender provided this bank 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 451110 - Sporting Goods Stores Loan Approval Date 7/24/2007 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $100,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Willow Financial Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Small Bank Loans in Wayne, Pennsylvania
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