Get an SBA Loan for Pump and Pumping Equipment Manufacturing
With these bank loans for pump and pumping equipment manufacturing, the SBA guarantees the lender that the loan will be repaid. This pump and pumping equipment manufacturing loan for $100,000 was given to a Pennsylvania entrepreneur in 2007.
This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with First Star Savings Bank, out of Bethlehem, Pennsylvania. The loan was granted and they received $100,000 to help grow their Bethlehem, Pennsylvania business.
SBA Loan Borrower
COMPANY TYPE: PUMP AND PUMPING EQUIPMENT MANUFACTURING
BETHLEHEM, PA 18015
SBA Loan Lender
FIRST STAR SAVINGS BANK
418 W BROAD ST
BETHLEHEM, PA 18018
This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
333911 - Pump and Pumping Equipment Manufacturing
Loan Approval Date
6/29/2007
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 indicated that the loan would help generate 2 new jobs and retain 3 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.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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:
Alternative Financing
Banks in Bethlehem, Pennsylvania
Where to Get an SBA Loan Pennsylvania