Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Portersville Lenders

 

 
Loan Census SBA Loan Info

Portersville, Pennsylvania Lender Lends Money to Dimension Stone Company

Get small business loans from a Portersville, Pennsylvania bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

First National Bank - Pennsylvania is a Portersville, Pennsylvania small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Pennsylvania company.

SBA Loan Borrower

COMPANY TYPE: DIMENSION STONE
BOYERS, PA 16020

SBA Loan Lender

FIRST NATIONAL BANK - PENNSYLVANIA
1266 PERRY HWY
PORTERSVILLE, PA 16051

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1411 - Dimension Stone

NAICS Code

212311 - Dimension Stone Mining and Quarrying

Loan Approval Date

9/25/2000

Loan Approval Gross Amount

$493,392

Loan Approval from the SBA

Of the total $493,392 loan amount, the SBA guaranteed $370,044.

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 20 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank - Pennsylvania so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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 Art of Bootstrapping

Where to Get an SBA Loan in Portersville, Pennsylvania

Browse All Business Loan Sources for Pennsylvania