Pottstown, Pennsylvania Bank Lends Money to Lessors Of Nonresidential Buildings Company in Lehigh Valley, Pennsylvania

Want to talk with a Pottstown, Pennsylvania bank about an SBA loan? Here's one Pennsylvania business loan, issued by a Pottstown bank, that was approved by the SBA.

Applying for an SBA loan with Patriot Bank worked out well for our friends at one local business in Lehigh Valley, Pennsylvania. They got an SBA loan for $1,330,000. Nice!

SBA Loan Borrower

COMPANY TYPE: LESSORS OF NONRESIDENTIAL BUILDINGS
LEHIGH VALLEY, PA 18002

SBA Loan Lender

PATRIOT BANK
1566 MEDICAL DR
POTTSTOWN, PA 19464

This loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending track record and are well trained in SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531120 - Lessors of Nonresidential Buildings

Loan Approval Date

10/7/2003

Loan Approval Gross Amount

$1,330,000

Loan Approval from the SBA

Of the total $1,330,000 loan amount, the SBA guaranteed $997,500.

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 79 employees. The loan application did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,330,000 loan. Remember, things become real when you believe you can achieve them!

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.

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Banks in Pottstown, Pennsylvania

Pennsylvania SBA Banks