Hollidaysburg, Pennsylvania Bank Gives SBA Loan to Direct Selling Establishments Company
Want to talk with a Hollidaysburg, Pennsylvania bank about a business loan? Here's one Pennsylvania business loan, issued by a Hollidaysburg bank, that was approved by the SBA.
Applying for an SBA loan with First Commonwealth Bank worked out well for our friends at one local business in Irwin, Pennsylvania. They got an SBA loan for $38,200. Nice!
SBA Loan Borrower
COMPANY TYPE: DIRECT SELLING ESTABLISHMENTS
IRWIN, PA 10642
SBA Loan Lender
FIRST COMMONWEALTH BANK
RTE 220 & N JUNIATA ST
HOLLIDAYSBURG, PA 16648
The lender provided this bank 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
454390 - Direct Selling Establishments
Loan Approval Date
7/8/2004
Loan Approval Gross Amount
$38,200
Loan Approval from the SBA
Of the total $38,200 loan amount, the SBA guaranteed $19,100.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.
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