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November 15, 2024  
 
 
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Raising Money in Lancaster, Pennsylvania With SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy New Horizon Computer Learning Center Franchise Issued By Susquehanna Bank Pa

Need a loan to invest in a New Horizon Computer Learning Center franchise? Susquehanna Bank Pa has a history of making these loans and they are guaranteed by the SBA.

New Horizon Computer Learning Center franchise loans are available to Lancaster, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Susquehanna Bank Pa, based in Lititz, Pennsylvania, issued an SBA franchise loan for a New Horizon Computer Learning Center franchise in 2002. We've got all the details on this Pennsylvania small business loan.

SBA Loan Borrower

NEW HORIZONS COMPUTER LEARNING
LANCASTER, PA 17605

SBA Loan Lender

SUSQUEHANNA BANK PA
9 E MAIN ST
LITITZ, PA 17543

This lender processed this 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

611420 - Computer Training

Loan Approval Date

4/25/2002

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a New Horizon Computer Learning Center franchise. At the time of the loan, the company had 30 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 30 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

New Horizons Computer Learning Centers, Inc.

Obtaining Funding From a Venture Capitalist

SBA 7A Banks in Lititz, Pennsylvania

Pennsylvania SBA Banks