SBA Loans for Brick, Stone, and Related Construction Material Merchant Wholesalers
Looking for SBA loans for brick, stone, and related construction material merchant wholesalers? Talk to a banker who works with the SBA. This $1,726,700 brick, stone, and related construction material merchant wholesalers loan was issued by a Pennsylvania bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Clarks Summit, Pennsylvania was able to borrow $1,726,700 from Pennstar Bank, A Division Of. The SBA made the loan possible by guaranteeing $1,295,025 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: BRICK, STONE, AND RELATED CONSTRUCTION MATERIAL MERCHANT WHOLESALERS
CLARKS SUMMIT, PA 18411
SBA Loan Lender
PENNSTAR BANK, A DIVISION OF
133 MAIN ST
SUSQUEHANNA, PA 18847
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
423320 - Brick, Stone, and Related Construction Material Merchant Wholesalers
Loan Approval Date
12/26/2006
Loan Approval Gross Amount
$1,726,700
Loan Approval from the SBA
Of the total $1,726,700 loan amount, the SBA guaranteed $1,295,025.
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 21 employees. The loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Pennstar Bank, A Division Of and they will explain how you can get an SBA loan for your company.
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:
Business Incubators
SBA 7A Banks in Susquehanna, Pennsylvania
Where to Get an SBA Loan Pennsylvania