Boyertown, Pennsylvania Lender Lends Money to Support Activities For Forestry Company
Thinking about meeting with a Boyertown, Pennsylvania bank about a business loan? Here's one Pennsylvania business loan, issued by a Boyertown bank, that was approved by the SBA.
Applying for an SBA loan with National Penn Bank worked out well for our friends at one local firm in West Chester, Pennsylvania. They got an SBA loan for $690,000. Nice!
SBA Loan Borrower
COMPANY TYPE: SUPPORT ACTIVITIES FOR FORESTRY
WEST CHESTER, PA 19382
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
115310 - Support Activities for Forestry
Loan Approval Date
6/3/2002
Loan Approval Gross Amount
$690,000
Loan Approval from the SBA
Of the total $690,000 loan amount, the SBA guaranteed $517,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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.
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