Business Loans for Carpentry Contractors

Looking for business loans for carpentry contractors? An SBA loan may be just what you've been looking for. This $25,000 carpentry contractors loan was issued by a Pennsylvania bank.

This business knew how to go about getting a business bank loan. Based in Lancaster, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Union National Community Bank, based in Lancaster, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: CARPENTRY WORK
LANCASTER, PA 17603

SBA Loan Lender

UNION NATIONAL COMMUNITY BANK
570 LAUSCH LN
LANCASTER, PA 17601

This lender issued this particular SBA bank 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

1751 - Carpentry Work

NAICS Code

235510 - Carpentry Contractors

Loan Approval Date

9/11/2000

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Union National Community Bank and they will explain how you can get an SBA loan for your company.

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:

Startup Funding Tip

SBA Participating Banks in Lancaster, Pennsylvania

Where to Get an SBA Loan Pennsylvania