Firm Gets a Pennsylvania SBA Loan
PennsylvaniaSmall business loans are available to Pennsylvania small business owners through the SBA. In this case, a New Jersey bank provides the loan.
You can learn something about getting a small business loan in Phoenixville, Pennsylvania by studying this loan to a local company, made back in 2002. Banks like New Millennium Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: BOWLING CENTERS
PHOENIXVILLE, PA 19406
SBA Loan Lender
NEW MILLENNIUM BANK
57 LIVINGSTON AVE
NEW BRUNSWICK, NJ 08901
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713950 - Bowling Centers
Loan Approval Date
7/25/2002
Loan Approval Gross Amount
$501,000
Loan Approval from the SBA
Of the total $501,000 loan amount, the SBA guaranteed $375,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 12 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This SBA loan was for $501,000. How would you spend $501,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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
Good Banks for Small Business in New Brunswick, New Jersey
New Jersey SBA 7A Lenders