Electrical Contractors Commercial Loans

With these commercial loans for electrical contractors, the SBA guarantees the lender that the loan will be repaid. This electrical contractors loan for $323,000 was given to a Pennsylvania entrepreneur in 2001.

Getting a small business loan in Upper Darby, Pennsylvania was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Washington Mutual Bank, operating out of Henderson, Nevada. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: ELECTRICAL CONTRACTORS
UPPER DARBY, PA 19082

SBA Loan Lender

WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014

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

235310 - Electrical Contractors

Loan Approval Date

12/21/2001

Loan Approval Gross Amount

$323,000

Loan Approval from the SBA

Of the total $323,000 loan amount, the SBA guaranteed $242,250.

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 16 employees. This SBA loan request indicated that the loan would help retain 16 existing jobs.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Upper Darby PA, you ought to talk with a local Upper Darby SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Upper Darby businesses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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