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

Raising Money in Perkasie, Pennsylvania With SBA Loans

 

 
Loan Census SBA Loan Info

Raising Money for Plumbing, Heating, and Air Conditioning Contractors

Looking for bank loans for plumbing, heating, and air conditioning contractors? The SBA may be the answer. This $200,000 plumbing, heating, and air conditioning contractors loan was issued by a Pennsylvania bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Univest National Bank & Trust., out of Souderton, Pennsylvania. The loan was granted and they received $200,000 to help grow their Perkasie, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR CONDITIONING CONTRACTORS
PERKASIE, PA 18944

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

235110 - Plumbing, Heating, and Air Conditioning Contractors

Loan Approval Date

9/7/2001

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. The loan application indicated that the loan would help retain 9 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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $200,000 loan. Remember, if it to be, it is up to me!

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:

SBIR Funding

SBA 7A Banks for Souderton, Pennsylvania Loans

Pennsylvania SBA Bank Lenders