Telephone Apparatus Manufacturing Loans

With these loans for telephone apparatus manufacturing, the SBA guarantees the lender that the loan will be repaid. This telephone apparatus manufacturing loan for $300,000 was given to a Virginia entrepreneur in 2002.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Accotink Heights, Virginia was able to borrow $300,000 from Pnc Bank, National Association. The SBA made the loan possible by guaranteeing $225,000 of this Virginia small business loan.

SBA Loan Borrower

COMPANY TYPE: TELEPHONE APPARATUS MANUFACTURING
ACCOTINK HEIGHTS, VA 22312

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222

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

334210 - Telephone Apparatus Manufacturing

Loan Approval Date

12/13/2002

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

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 8 employees. The loan application indicated that the loan would help generate 1 new job and retain 8 existing jobs.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Accotink Heights VA, you ought to talk with a local Accotink Heights SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Accotink Heights businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Pnc Bank, National Association are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

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SBA Approved Banks in Pittsburgh, Pennsylvania

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