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December 20, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Souderton, Business Loans > Univest National Bank & Trust. Souderton Business Loans > Automotive Oil Change And Lubrication Shops Loan | ||||
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Advice for Small Business Owners On Getting a Loan
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Where to Get Capital for Automotive Oil Change and Lubrication ShopsLooking for small business loans for automotive oil change and lubrication shops? An SBA loan may be just what you've been looking for. This $60,000 automotive oil change and lubrication shops loan was issued by a Pennsylvania bank. This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Univest National Bank & Trust., out of Souderton, Pennsylvania. The loan was granted and they received $60,000 to help grow their Telford, Pennsylvania business. SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE OIL CHANGE AND LUBRICATION SHOPS SBA Loan Lender UNIVEST NATIONAL BANK & TRUST. 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 811191 - Automotive Oil Change and Lubrication Shops Loan Approval Date 1/7/2003 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $51,000. 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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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 Univest National Bank & Trust. 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: A Company That Helps Entrepreneurs SBA Participating Banks in Souderton, Pennsylvania
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