Borrow Money to Buy an Edible Arrangements Franchise
Borrowing money to invest in an Edible Arrangements franchise? Valley National Bank has a history of making these loans and they are guaranteed by the SBA.
Edible Arrangements franchise loans are available to Warrington, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Valley National Bank, based in North Plainfield, New Jersey, issued an SBA franchise loan for an Edible Arrangements franchise in 2005. We've got all the details on this Pennsylvania small business loan.
SBA Loan Borrower
EDIBLE ARRANGEMENTS
WARRINGTON, PA 18976
SBA Loan Lender
VALLEY NATIONAL BANK
1334 RTE 22 EAST
NORTH PLAINFIELD, NJ 07060
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
453220 - Gift, Novelty, and Souvenir Stores
Loan Approval Date
8/26/2005
Loan Approval Gross Amount
$195,000
Loan Approval from the SBA
Of the total $195,000 loan amount, the SBA guaranteed $146,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an Edible Arrangements franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
If you have been wondering how do i get money to start a business in Warrington PA, you ought to talk with a local Warrington SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Warrington businesses.
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:
Edible Arrangements
Obtaining Funding - Friends and Family
Small Business Banks in North Plainfield, New Jersey
Getting an SBA Loan in New Jersey