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November 21, 2024  
 
 
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Lemoyne, Pennsylvania SBA 7A Banks

 

 
Loan Census SBA Loan Info

Lemoyne, Pennsylvania Bank Lends Money to Residential Remodelers Company in Leola, Pennsylvania

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

Applying for an SBA loan with Commerce Bank/harrisburg Natl worked out well for our friends at one local firm in Leola, Pennsylvania. They got an SBA loan for $60,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL REMODELERS
Leola, PA 17540

SBA Loan Lender

COMMERCE BANK/HARRISBURG NATL
1249 MARKET ST
LEMOYNE, PA 17043

This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

236118 - Residential Remodelers

Loan Approval Date

5/17/2007

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $30,000.

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 no employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Commerce Bank/harrisburg Natl so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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