Farmers & Merchants Trust SBA Loan to Hardwood Dimension And Flooring Mills Company
Looking to get a Pennsylvania SBA loan? Here's one Pennsylvania business loan that was approved by the SBA.
This growing firm needed an SBA business loan in Hollidaysburg, Pennsylvania back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Farmers & Merchants Trust, operating out of Mcconnellsburg, Pennsylvania. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: HARDWOOD DIMENSION AND FLOORING MILLS
HOLLIDAYSBURG, PA 16648
SBA Loan Lender
FARMERS & MERCHANTS TRUST
100 LINCOLN WAY EAST
MCCONNELLSBURG, PA 17233
This bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and a thorough understanding of SBA lending rules and regulations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2426 - Hardwood Dimension and Flooring Mills
Loan Approval Date
2/8/2000
Loan Approval Gross Amount
$500,000
Loan Approval from the SBA
Of the total $500,000 loan amount, the SBA guaranteed $450,000.
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 11 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
We've showcased information on this loan to let you know that businesses like yours 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.
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