How to Get a Loan for Home Furnishings Stores
With these SBA loans for home furnishings stores, the SBA guarantees the lender that the loan will be repaid. This home furnishings stores loan for $20,000 was given to a Pennsylvania entrepreneur in 2007.
This small business knew how to go about getting a business bank loan. Based in Selinsgrove, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Susquehanna Bank Pa, based in Lititz, Pennsylvania.
SBA Loan Borrower
COMPANY TYPE: HOME FURNISHINGS STORES
SELINSGROVE, PA 17870
SBA Loan Lender
SUSQUEHANNA BANK PA
9 E MAIN ST
LITITZ, PA 17543
This SBA small business 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
442299 - Home Furnishings Stores
Loan Approval Date
9/20/2007
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
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 3 employees. The loan application indicated that the loan would help 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.
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 Susquehanna Bank Pa 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:
Equity Financing
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SBA Lenders in Pennsylvania