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November 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > East Liverpool, Business Loans > 1st National Community Bank East Liverpool Business Loans > Fabricated Pipe And Pipe Fitting Manufacturing Loan | ||||
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1st National Community Bank
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Business Loan from 1st National Community Bank Given to Fabricated Pipe And Pipe Fitting Manufacturing CompanyAn SBA loan from 1st National Community Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an East Liverpool, Ohio business owner got a $120,000 loan. This small firm knew how to go about getting a business bank loan. Based in East Liverpool, Ohio, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was 1st National Community Bank, based in East Liverpool, Ohio. SBA Loan Borrower COMPANY TYPE: FABRICATED PIPE AND PIPE FITTING MANUFACTURING SBA Loan Lender 1ST NATIONAL COMMUNITY BANK This lender processed this commercial loan 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 332996 - Fabricated Pipe and Pipe Fitting Manufacturing Loan Approval Date 7/3/2007 Loan Approval Gross Amount $120,000 Loan Approval from the SBA Of the total $120,000 loan amount, the SBA guaranteed $60,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 17 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 17 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like 1st National Community Bank 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: Small Bank Loans in East Liverpool, Ohio
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