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November 22, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Devon, Business Loans > Commerce Bank Devon Business Loans > Health Practitioners Loan | ||||
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Examples of Wallingford SBA Loans
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Getting an SBA Loan for Health PractitionersLooking for SBA loans for health practitioners? An SBA loan may be just what you've been looking for. This $332,000 health practitioners loan was issued by a Pennsylvania bank. This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Commerce Bank, out of Devon, Pennsylvania. The loan was granted and they received $332,000 to help grow their Wallingford, Pennsylvania business. SBA Loan Borrower COMPANY TYPE: HEALTH PRACTITIONERS SBA Loan Lender COMMERCE BANK This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621399 - Health Practitioners Loan Approval Date 10/22/2004 Loan Approval Gross Amount $332,000 Loan Approval from the SBA Of the total $332,000 loan amount, the SBA guaranteed $249,000. 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. The SBA loan application for the borrower indicated that the loan would help create 1 new job. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: SBA 7A Banks for Devon, Pennsylvania Loans
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