Small Business Loans for Wood Product Manufacturing
Looking for small business loans for wood product manufacturing? The SBA may be the answer. This $250,000 wood product manufacturing loan was issued by a Pennsylvania bank.
Getting a small business loan in Coudersport, Pennsylvania was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Citizens & Northern Bank, operating out of Coudersport, Pennsylvania. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: WOOD PRODUCT MANUFACTURING
COUDERSPORT, PA 16915
SBA Loan Lender
CITIZENS & NORTHERN BANK
10 N MAIN ST
COUDERSPORT, PA 16915
This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
321999 - Wood Product Manufacturing
Loan Approval Date
4/10/2006
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 35 employees. The SBA loan documents indicated that the funding would help generate 35 new jobs.
Start the Process for Getting an SBA Loan Today!
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Understanding Dilution
Banks in Coudersport, Pennsylvania
Getting a Business Loan in Pennsylvania