Harrisburg, Pennsylvania Bank Gives SBA Loan to Commercial And Industrial Machinery And Equipment Company

Thinking about meeting with a Harrisburg, Pennsylvania bank about a small business loan? Here's one Pennsylvania business loan, issued by a Harrisburg bank, that was approved by the SBA.

Applying for an SBA loan with The Legacy Bank, A Division Of worked out well for our friends at one local company in Harrisburg, Pennsylvania. They got an SBA loan for $79,200. Sweet!

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL AND INDUSTRIAL MACHINERY AND EQUIPMENT
Harrisburg, PA 17103

SBA Loan Lender

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

This SBA bank 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

811310 - Commercial and Industrial Machinery and Equipment

Loan Approval Date

5/18/2006

Loan Approval Gross Amount

$79,200

Loan Approval from the SBA

Of the total $79,200 loan amount, the SBA guaranteed $39,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Microlending as a Small Business Funding Source

Good Banks for Small Business in Harrisburg, Pennsylvania

Where to Get an SBA Loan Pennsylvania