Loan Census Banking News and Information
December 22, 2024  
 
 
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Small Business Banks for Milford Franchisees

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Pro Golf Franchise

Need money to purchase a Pro Golf franchise? Commerce Bank has a history of making these loans and they are guaranteed by the SBA.

Pro Golf franchise loans are available to Milford, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Commerce Bank, based in Flemington, New Jersey, issued an SBA franchise loan for a Pro Golf franchise in 2006. We've got all the details on this Pennsylvania small business loan.

SBA Loan Borrower

PRO GOLF DISCOUNT
Milford, PA 18337

SBA Loan Lender

COMMERCE BANK
1 ROYAL RD
FLEMINGTON, NJ 08822

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.

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

4/18/2006

Loan Approval Gross Amount

$328,000

Loan Approval from the SBA

Of the total $328,000 loan amount, the SBA guaranteed $246,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pro Golf franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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:

Pro Golf Discount

Financing Your Business

Banks in Flemington, New Jersey

SBA Lenders in New Jersey