Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Harrisburg, Pennsylvania Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Bank Loans for Commercial Screen Printing

Looking for bank loans for commercial screen printing? An SBA loan may be just what you've been looking for. This $275,000 commercial screen printing loan was issued by a Pennsylvania bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with The Legacy Bank, A Division Of, out of Harrisburg, Pennsylvania. The loan was granted and they received $275,000 to help grow their Harrisburg, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL SCREEN PRINTING
Harrisburg, PA 17104

SBA Loan Lender

THE LEGACY BANK, A DIVISION OF
2600 COMMERCE DR
HARRISBURG, PA 17110

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

323113 - Commercial Screen Printing

Loan Approval Date

7/29/2004

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $137,500.

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 4 employees. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

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.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. The Legacy Bank, A Division Of had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, The Legacy Bank, A Division Of made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Getting a Small Business Loan

Best Harrisburg, Pennsylvania Banks for Small Business

Pennsylvania SBA 7A Banks