Car Washes Business Loans

Looking for business loans for car washes? The SBA may be the answer. This $376,813 car washes loan was issued by an Ohio bank.

Getting a small business loan in East Brady, Pennsylvania was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from The Huntington National Bank, operating out of Saint Clairsville, Ohio. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: CAR WASHES
EAST BRADY, PA 44139

SBA Loan Lender

THE HUNTINGTON NATIONAL BANK
154 W MAIN ST
SAINT CLAIRSVILLE, OH 43950

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811192 - Car Washes

Loan Approval Date

11/8/2004

Loan Approval Gross Amount

$376,813

Loan Approval from the SBA

Of the total $376,813 loan amount, the SBA guaranteed $282,610.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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 $376,813 loan. Remember, anyone can do it... so why not 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:

Alternative Financing

SBA Banks in Saint Clairsville, Ohio

SBA Lenders in Ohio