Loan Census Banking News and Information
November 25, 2024  
 
 
  Business Loan Information  
 

Business Loans for Johnstown Small Business Owners

 

 
Loan Census SBA Loan Info

Financing for Pet and Pet Supplies Stores

With these commercial loans for pet and pet supplies stores, the SBA guarantees the lender that the loan will be repaid. This pet and pet supplies stores loan for $95,000 was given to a Pennsylvania entrepreneur in 2001.

This small business knew how to go about getting a business bank loan. Based in Johnstown, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Ameriserv Financial Bank, based in Johnstown, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: RETAIL STORES
JOHNSTOWN, PA 15904

SBA Loan Lender

AMERISERV FINANCIAL BANK
1404 EISENHOWER BLVD
JOHNSTOWN, PA 15904

This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

NAICS Code

453910 - Pet and Pet Supplies Stores

Loan Approval Date

10/31/2001

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $80,750.

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 5 employees. This SBA loan request did not indicate that the company promised to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? 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.

Related Links:

Understanding Dilution

Best Johnstown, Pennsylvania Banks for Small Business

SBA Pennsylvania Lenders