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November 15, 2024  
 
 
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What Does It Take to Get a Business Loan in West Chester, Pennsylvania?

 

 
Loan Census SBA Loan Info

Where to Get Capital for Office Administrative Services

Looking for SBA loans for office administrative services? An SBA loan may be just what you've been looking for. This $35,000 office administrative services loan was issued by a Pennsylvania bank.

Getting a small business loan in West Chester, Pennsylvania was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First Chester Cnty Corp, operating out of West Chester, Pennsylvania. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICE ADMINISTRATIVE SERVICES
WEST CHESTER, PA 19382

SBA Loan Lender

FIRST CHESTER CNTY CORP
9 N HIGH ST
WEST CHESTER, PA 19380

This lender issued this loan for a small business under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561110 - Office Administrative Services

Loan Approval Date

6/11/2002

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $29,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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Good Banks for Small Business in West Chester, Pennsylvania

SBA Participating Banks in Pennsylvania