Pennsylvania SBA Loan Issued to Title Abstract And Settlement Offices Company
Want a Pennsylvania bank loan? This Pennsylvania entrepreneur got a bank loan, provided by a Massachusetts bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Erie, Pennsylvania by studying this loan to a local company, made back in 2002. Banks like Rbs Citizens may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: TITLE ABSTRACT AND SETTLEMENT OFFICES
ERIE, PA 16506
SBA Loan Lender
RBS CITIZENS
725 CANTON ST
NORWOOD, MA 02062
The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
541191 - Title Abstract and Settlement Offices
Loan Approval Date
8/23/2002
Loan Approval Gross Amount
$5,000
Loan Approval from the SBA
Of the total $5,000 loan amount, the SBA guaranteed $2,500.
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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.
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.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
The Friends and Family Network
Good Banks for Small Business in Norwood, Massachusetts
Massachusetts SBA 7A Banks