Bank Loans for Geophysical Surveying and Mapping Services

With these bank loans for geophysical surveying and mapping services, the SBA guarantees the lender that the loan will be repaid. This geophysical surveying and mapping services loan for $25,000 was given to a Pennsylvania entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cambridge Springs, Pennsylvania was able to borrow $25,000 from National City Bank. The SBA made the loan possible by guaranteeing $12,500 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: GEOPHYSICAL SURVEYING AND MAPPING SERVICES
CAMBRIDGE SPRINGS, PA 16403

SBA Loan Lender

NATIONAL CITY BANK
801 STATE ST
ERIE, PA 16501

This commercial 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

541360 - Geophysical Surveying and Mapping Services

Loan Approval Date

2/12/2004

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

If you are raising money in Cambridge Springs PA, you ought to talk with a local Cambridge Springs SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cambridge Springs businesses.

We can help you find the best banks for small businesses in Cambridge Springs or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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