Loans for Business Support Services
With these loans for business support services, the SBA guarantees the lender that the loan will be repaid. This business support services loan for $100,000 was given to a Pennsylvania entrepreneur in 2002.
Getting a small business loan in Jenkintown, Pennsylvania was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Td Banknorth, operating out of Mahwah, New Jersey. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: BUSINESS SUPPORT SERVICES
JENKINTOWN, PA 19046
SBA Loan Lender
TD BANKNORTH
1000 MACARTHUR BLVD
MAHWAH, NJ 07430
This lender processed this business loan 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
561499 - Business Support Services
Loan Approval Date
10/23/2002
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 only one employee. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 6 existing jobs.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
Business Incubators
Best Banks in Mahwah, New Jersey
SBA Lenders in New Jersey