Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Pennsylvania Bank SBA Loans

 

 
Loan Census SBA Loan Info

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

Susquehanna Bank Dv has a track record as a leading provider of SBA loans. Find out how this Pennsylvania entrepreneur received an SBA loan from them.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mohrsville, Pennsylvania was able to borrow $25,000 from Susquehanna Bank Dv. The SBA made the loan possible by guaranteeing $12,500 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES
MOHRSVILLE, PA 19541

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

541611 - Administrative Management and General Management Consulting Services

Loan Approval Date

8/25/2004

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 documents indicated that the loan would help retain 2 existing jobs.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Find Start-Up Capital

Small Bank Loans in Bryn Mawr, Pennsylvania

SBA Lenders in Pennsylvania