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November 15, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Allison Park, Business Loans > Enterprise Bank Allison Park Business Loans > Machine Shops Loan | ||||
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Allison Park, Pennsylvania SBA Banks
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Allison Park, Pennsylvania Lender Lends Money to Machine Shops CompanyAn Allison Park, Pennsylvania small business loan can be yours. Learn how one firm got a $243,000 business loan from this Pennsylvania bank. This loan to a local firm is a good example of an SBA loan. Enterprise Bank made the loan and the SBA guaranteed a portion of the loan. Many other Pennsylvania entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: MACHINE SHOPS SBA Loan Lender ENTERPRISE BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332710 - Machine Shops Loan Approval Date 7/2/2007 Loan Approval Gross Amount $243,000 Loan Approval from the SBA Of the total $243,000 loan amount, the SBA guaranteed $182,250. 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 13 employees. The SBA loan documents did not indicate that the business planned to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Enterprise Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: SBA Banks in Allison Park, Pennsylvania
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