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November 22, 2024  
 
 
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Loan Census SBA Loan Info

Where to Get Capital for Fabricated Structural Metal Manufacturing

Looking for SBA loans for fabricated structural metal manufacturing? Talk to a banker who works with the SBA. This $317,500 fabricated structural metal manufacturing loan was issued by a Pennsylvania bank.

This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with First Commonwealth Bank, out of Hollidaysburg, Pennsylvania. The loan was granted and they received $317,500 to help grow their Derry, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: FABRICATED STRUCTURAL METAL
DERRY, PA 15627

SBA Loan Lender

FIRST COMMONWEALTH BANK
RTE 220 & N JUNIATA ST
HOLLIDAYSBURG, PA 16648

When this loan was made, this lending institution participated in the SBA's Certified Lenders Program (CLP). This program was created to give speedy service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3441 - Fabricated Structural Metal

NAICS Code

332312 - Fabricated Structural Metal Manufacturing

Loan Approval Date

8/11/2003

Loan Approval Gross Amount

$317,500

Loan Approval from the SBA

Of the total $317,500 loan amount, the SBA guaranteed $238,125.

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 12 employees. The loan application did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $317,500 loan. Remember, where there is a will, there is a way!

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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