Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Levittown, Pennsylvania Bank Loan

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Retail Bakeries

Looking for small business loans for retail bakeries? The SBA may be the answer. This $280,000 retail bakeries loan was issued by a New Jersey bank.

This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Unity Bank, out of Clinton, New Jersey. The loan was granted and they received $280,000 to help grow their Levittown, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: RETAIL BAKERIES
LEVITTOWN, PA 19054

SBA Loan Lender

UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5461 - Retail Bakeries

NAICS Code

311811 - Retail Bakeries

Loan Approval Date

8/17/2000

Loan Approval Gross Amount

$280,000

Loan Approval from the SBA

Of the total $280,000 loan amount, the SBA guaranteed $210,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 25 employees. The SBA loan documents indicated that the loan would help retain 18 existing jobs.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Unity Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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