Paoli, PA Entrepreneur Gets SBA Loan to Buy Learning Express Franchise

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

Learning Express franchise loans are available to Paoli, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Univest National Bank & Trust., based in Souderton, Pennsylvania, issued an SBA franchise loan for a Learning Express franchise in 2002. We've got all the details on this Pennsylvania small business loan.

SBA Loan Borrower

LEARNING EXPRESS
PAOLI, PA 19301

SBA Loan Lender

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

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

451120 - Hobby, Toy, and Game Stores

Loan Approval Date

5/30/2002

Loan Approval Gross Amount

$225,000

Loan Approval from the SBA

Of the total $225,000 loan amount, the SBA guaranteed $168,750.

More Information on This SBA Loan

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

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

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in Paoli or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Learning Express Toys

Advice on Getting a Small Business Loan

SBA Banks in Souderton, Pennsylvania

SBA Lenders in Pennsylvania