Souderton, Pennsylvania Bank Gives SBA Loan to Sheet Metal Work Manufacturing Company
Get SBA loans from a Souderton, Pennsylvania bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Univest National Bank & Trust. is a Souderton, Pennsylvania small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Pennsylvania company.
SBA Loan Borrower
COMPANY TYPE: SHEET METAL WORK MANUFACTURING
KULPSVILLE, PA 19443
SBA Loan Lender
UNIVEST NATIONAL BANK & TRUST.
10 W BROAD ST
SOUDERTON, PA 18964
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
332322 - Sheet Metal Work Manufacturing
Loan Approval Date
1/18/2006
Loan Approval Gross Amount
$270,000
Loan Approval from the SBA
Of the total $270,000 loan amount, the SBA guaranteed $202,500.
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 16 employees. The SBA loan application for the borrower indicated that the loan would help retain 16 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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 $270,000 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.
Related Links:
Obtaining Funding - How to Decide How Much to Raise
Who Lends Money to Small Businesses in Souderton, Pennsylvania
SBA Participating Banks in Pennsylvania