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December 21, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Harrisburg, Business Loans > The Legacy Bank, A Division Of Harrisburg Business Loans > Solid Waste Collection Loan | ||||
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Pennsylvania SBA Lenders
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Harrisburg, Pennsylvania Bank Gives SBA Loan to Solid Waste Collection CompanyA Harrisburg, Pennsylvania small business loan can be yours. Learn how a business got a $29,100 business loan from this Pennsylvania bank. This loan to a local firm is a good example of an SBA loan. The Legacy Bank, A Division Of made the loan and the SBA guaranteed a portion of the loan. Many other Pennsylvania entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: SOLID WASTE COLLECTION SBA Loan Lender THE LEGACY BANK, A DIVISION OF This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 562111 - Solid Waste Collection Loan Approval Date 12/14/2004 Loan Approval Gross Amount $29,100 Loan Approval from the SBA Of the total $29,100 loan amount, the SBA guaranteed $14,550. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $29,100 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: The Friends and Family Network Best Harrisburg, Pennsylvania Banks for Small Business
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