Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Pennsylvania SBA Banks

 

 
Loan Census SBA Loan Info

Harrisburg, Pennsylvania Bank Lends Money to Chiropractors Company in Mechanicsburg, Pennsylvania

Thinking about meeting with a Harrisburg, Pennsylvania bank about an SBA loan? Here's one Pennsylvania business loan, issued by a Harrisburg bank, that was approved by the SBA.

Applying for an SBA loan with The Legacy Bank, A Division Of worked out well for our friends at one local business in Mechanicsburg, Pennsylvania. They received an SBA loan for $15,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
MECHANICSBURG, PA 17055

SBA Loan Lender

THE LEGACY BANK, A DIVISION OF
2600 COMMERCE DR
HARRISBURG, PA 17110

This SBA small business loan 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

621310 - Chiropractors

Loan Approval Date

2/20/2004

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Mechanicsburg PA, you ought to talk with a local Mechanicsburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mechanicsburg businesses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into The Legacy Bank, A Division Of and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Bank Credit Lines

Good Banks for Small Business in Harrisburg, Pennsylvania

SBA Lenders in Pennsylvania