Loan Census Banking News and Information
November 24, 2024  
 
 
  Business Loan Information  
 

Best Banks for Havertown Businesses

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Home Health Care Services

With these SBA loans for home health care services, the SBA guarantees the lender that the loan will be repaid. This home health care services loan for $250,000 was given to a Pennsylvania entrepreneur in 2007.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Havertown, Pennsylvania was able to borrow $250,000 from Susquehanna Bank Dv. The SBA made the loan possible by guaranteeing $125,000 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: HOME HEALTH CARE SERVICES
Havertown, PA 19083

SBA Loan Lender

SUSQUEHANNA BANK DV
101 S BRYN MAWR AVE
BRYN MAWR, PA 19010

This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

621610 - Home Health Care Services

Loan Approval Date

4/16/2007

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 75 new jobs and retain 75 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours 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:

Financing Your Business

Best Banks in Bryn Mawr, Pennsylvania

Pennsylvania SBA 7A Lenders