SBA Loan from Malvern Federal Savings Bank Helps Meat Processed From Carcasses Company

An SBA loan from Malvern Federal Savings Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a West Chester, Pennsylvania business owner got a $252,000 loan.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Malvern Federal Savings Bank, out of Exton, Pennsylvania. The loan was granted and they received $252,000 to help grow their West Chester, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: MEAT PROCESSED FROM CARCASSES
WEST CHESTER, PA 19382

SBA Loan Lender

MALVERN FEDERAL SAVINGS BANK
109 N POTTSTOWN PIKE
EXTON, PA 19341

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311612 - Meat Processed from Carcasses

Loan Approval Date

3/29/2002

Loan Approval Gross Amount

$252,000

Loan Approval from the SBA

Of the total $252,000 loan amount, the SBA guaranteed $189,000.

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 2 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

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.

We can help you find the best banks for small businesses in West Chester or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

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SBA Approved Banks in Exton, Pennsylvania

Getting a Business Loan in Pennsylvania