Souderton, Pennsylvania Bank Gives SBA Loan to Support Services Company

Want to talk with a Souderton, Pennsylvania bank about a small business loan? Here's one Pennsylvania business loan, issued by a Souderton bank, that was approved by the SBA.

Applying for an SBA loan with Univest National Bank & Trust. worked out well for our friends at one local company in Telford, Pennsylvania. They received an SBA loan for $50,000. Great job!

SBA Loan Borrower

COMPANY TYPE: SUPPORT SERVICES
TELFORD, PA 18969

SBA Loan Lender

UNIVEST NATIONAL BANK & TRUST.
10 W BROAD ST
SOUDERTON, PA 18964

This 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

561990 - Support Services

Loan Approval Date

9/2/2004

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 an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Telford PA, you ought to talk with a local Telford SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Telford businesses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Univest National Bank & Trust. and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Famous Venture Capitalists

SBA Approved Banks in Souderton, Pennsylvania

Browse All Business Loan Sources for Pennsylvania