Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Good Sources for North Wales SBA Loans

 

 
Loan Census SBA Loan Info

Pennsylvania Entrepreneur Secures Financing to Buy Pro Image Franchise

Borrowing money to buy a Pro Image franchise? Univest National Bank & Trust. has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Pro Image franchise requires some effort but others before you have been successful. In 2004, Univest National Bank & Trust. issued an SBA franchise loan to an entrepreneur in North Wales, Pennsylvania. Because Pro Image was registered with the SBA's registry of franchises, this Pennsylvania small business loan was issued on an expedited basis.

SBA Loan Borrower

PRO IMAGE FRANCHISE LC
NORTH WALES, PA 19454

SBA Loan Lender

UNIVEST NATIONAL BANK & TRUST.
10 W BROAD ST
SOUDERTON, PA 18964

This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

451110 - Sporting Goods Stores

Loan Approval Date

6/23/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pro Image franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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 Image

Obtaining Funding From a Venture Capitalist

Good Banks for Small Business in Souderton, Pennsylvania

Find an SBA Lender in Pennsylvania