Ellwood City, Pennsylvania Lender Lends Money to Roofing Contractors Company
An Ellwood City, Pennsylvania business loan can be yours. Learn how a business got a $24,000 business loan from this Pennsylvania bank.
This loan to an entrepreneur is a good example of an SBA loan. Esb Bank made the loan and the SBA guaranteed a portion of the loan. Many other Pennsylvania entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: ROOFING CONTRACTORS
GREENOCK, PA 15047
SBA Loan Lender
ESB BANK
600 LAWRENCE AVE
ELLWOOD CITY, PA 16117
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
238160 - Roofing Contractors
Loan Approval Date
10/18/2004
Loan Approval Gross Amount
$24,000
Loan Approval from the SBA
Of the total $24,000 loan amount, the SBA guaranteed $12,000.
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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
If you need business start up money in Greenock PA, you ought to talk with a local Greenock SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Greenock businesses.
This SBA loan was for $24,000. How would you spend $24,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Advice on Getting a Small Business Loan
Best Banks in Ellwood City, Pennsylvania
SBA Lenders in Pennsylvania