Office Equipment Merchant Wholesalers Commercial Loans

Looking for commercial loans for office equipment merchant wholesalers? Talk to a banker who works with the SBA. This $365,000 office equipment merchant wholesalers loan was issued by a Pennsylvania bank.

This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Penn Liberty Bank, out of Wayne, Pennsylvania. The loan was granted and they received $365,000 to help grow their Pottstown, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: OFFICE EQUIPMENT MERCHANT WHOLESALERS
POTTSTOWN, PA 19465

SBA Loan Lender

PENN LIBERTY BANK
353 W LANCASTER AVE
WAYNE, PA 19087

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423420 - Office Equipment Merchant Wholesalers

Loan Approval Date

10/5/2007

Loan Approval Gross Amount

$365,000

Loan Approval from the SBA

Of the total $365,000 loan amount, the SBA guaranteed $273,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The loan application indicated that the loan would help generate 1 new job and retain 8 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Penn Liberty Bank and they will explain how you can get an SBA loan for your company.

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:

Advice on Getting a Small Business Loan

Small Business Banks in Wayne, Pennsylvania

SBA Participating Banks in Pennsylvania