Harrisburg, Pennsylvania Business Gets SBA-Guaranteed Funding from Commerce Bank/harrisburg Natl
An SBA loan from Commerce Bank/harrisburg Natl typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Harrisburg, Pennsylvania business owner got a $73,600 loan.
This growing company knew how to go about getting a business bank loan. Based in Harrisburg, Pennsylvania, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Commerce Bank/harrisburg Natl, based in Lemoyne, Pennsylvania.
SBA Loan Borrower
COMPANY TYPE: BUILDING FINISHING CONTRACTORS
Harrisburg, PA 17112
SBA Loan Lender
COMMERCE BANK/HARRISBURG NATL
1249 MARKET ST
LEMOYNE, PA 17043
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238390 - Building Finishing Contractors
Loan Approval Date
9/18/2006
Loan Approval Gross Amount
$73,600
Loan Approval from the SBA
Of the total $73,600 loan amount, the SBA guaranteed $62,560.
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 no employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $73,600 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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