Financing for Residential Remodelers
With these commercial loans for residential remodelers, the SBA guarantees the lender that the loan will be repaid. This residential remodelers loan for $50,000 was given to a Pennsylvania entrepreneur in 2006.
Getting a small business loan in Reading, Pennsylvania was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Susquehanna Bank Dv, operating out of Bryn Mawr, Pennsylvania. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: RESIDENTIAL REMODELERS
Reading, PA 19602
SBA Loan Lender
SUSQUEHANNA BANK DV
101 S BRYN MAWR AVE
BRYN MAWR, PA 19010
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
236118 - Residential Remodelers
Loan Approval Date
7/10/2006
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Susquehanna Bank Dv are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.
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