Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Bethlehem, Pennsylvania Small Business Owners

 

 
Loan Census SBA Loan Info

Small Business Loans for Pet Care Services

Looking for small business loans for pet care services? Talk to a banker who works with the SBA. This $130,600 pet care services loan was issued by a Pennsylvania bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bethlehem, Pennsylvania was able to borrow $130,600 from Pnc Bank, National Association. The SBA made the loan possible by guaranteeing $111,010 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: PET CARE SERVICES
BETHLEHEM, PA 18020

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
8800 TINICUM BLVD, 1ST FL, MA
PHILADELPHIA, PA 19153

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812910 - Pet Care Services

Loan Approval Date

1/24/2008

Loan Approval Gross Amount

$130,600

Loan Approval from the SBA

Of the total $130,600 loan amount, the SBA guaranteed $111,010.

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 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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Pennsylvania SBA Banks