First Commonwealth Bank SBA Loan to Health And Allied Services Company
Want a Pennsylvania business loan? Here's one Pennsylvania business loan that was approved by the SBA.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Export, Pennsylvania was able to borrow $20,000 from First Commonwealth Bank. The SBA made the loan possible by guaranteeing $16,000 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: HEALTH AND ALLIED SERVICES
EXPORT, PA 15632
SBA Loan Lender
FIRST COMMONWEALTH BANK
111 S MAIN ST
GREENSBURG, PA 15601
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8099 - Health and Allied Services
Loan Approval Date
6/5/2000
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $16,000.
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 9 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to raise money for a company in Export PA, you ought to talk with a local Export SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Export businesses.
We can help you find the best banks for small businesses in Export or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Financing Your Business
SBA Banks in Greensburg, Pennsylvania
Getting a Business Loan in Pennsylvania