Warminster (township Of), PA Entrepreneur Gets SBA Loan to Buy Sunoco Service Station Franchise

Need a loan to invest in a Sunoco Service Station franchise? National Penn Bank has a history of making these loans and they are guaranteed by the SBA.

Sunoco Service Station franchise loans are available to Warminster (township Of), Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, National Penn Bank, based in Boyertown, Pennsylvania, issued an SBA franchise loan for a Sunoco Service Station franchise in 2004. We've got all the details on this Pennsylvania small business loan.

SBA Loan Borrower

SK STREET PROPERTIES LLC AND N
WARMINSTER (TOWNSHIP OF), PA 18974

SBA Loan Lender

NATIONAL PENN BANK
PHILADELPHIA & READING AVES
BOYERTOWN, PA 19512

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

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

5/4/2004

Loan Approval Gross Amount

$600,000

Loan Approval from the SBA

Of the total $600,000 loan amount, the SBA guaranteed $450,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Sunoco Service Station franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Sunoco Service Station

Determining Proper Capital Structure for a Business

SBA 7A Banks for Boyertown, Pennsylvania Loans

SBA Lenders in Pennsylvania