Limerick, Pennsylvania Business Gets SBA-Guaranteed Funding from Susquehanna Bank Dv

An SBA loan from Susquehanna Bank Dv typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Limerick, Pennsylvania business owner got a $25,000 loan.

This growing company knew how to go about getting a business bank loan. Based in Limerick, Pennsylvania, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Susquehanna Bank Dv, based in Bryn Mawr, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: FINE ARTS SCHOOLS
Limerick, PA 19468

SBA Loan Lender

SUSQUEHANNA BANK DV
101 S BRYN MAWR AVE
BRYN MAWR, PA 19010

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

611610 - Fine Arts Schools

Loan Approval Date

3/29/2006

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Limerick PA, you ought to talk with a local Limerick SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Limerick businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Susquehanna Bank Dv 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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