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December 22, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Hollidaysburg, Business Loans > First Commonwealth Trust Hollidaysburg Business Loans > Construction Sand And Gravel Loan | ||||
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Pennsylvania Small Business SBA Loans
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Pennsylvania SBA Loan Issued to Construction Sand And Gravel CompanyBank loans in Pennsylvania are tough to come by these days. We take a look at one Pennsylvania bank loan, provided by a Pennsylvania bank, that was approved by the SBA. You can learn something about getting a small business loan in Commodore, Pennsylvania by studying this loan to a local company, made back in 2002. Banks like First Commonwealth Trust may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: CONSTRUCTION SAND AND GRAVEL SBA Loan Lender FIRST COMMONWEALTH TRUST This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1442 - Construction Sand and Gravel NAICS Code 212321 - Construction Sand and Gravel Mining Loan Approval Date 11/25/2002 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 4 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First Commonwealth Trust are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Dealing With Venture Capitalists Best Hollidaysburg, Pennsylvania Banks for Small Business
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