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November 15, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Allison Park, Business Loans > Enterprise Bank Allison Park Business Loans > Machine Shops Loan | ||||
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Leechburg, Pennsylvania Bank Loan
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Machine Shops Commercial LoansLooking for commercial loans for machine shops? An SBA loan may be just what you've been looking for. This $150,000 machine shops loan was issued by a Pennsylvania bank. This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Enterprise Bank, out of Allison Park, Pennsylvania. The loan was granted and they received $150,000 to help grow their Leechburg, Pennsylvania business. SBA Loan Borrower COMPANY TYPE: MACHINE SHOPS SBA Loan Lender ENTERPRISE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332710 - Machine Shops Loan Approval Date 4/17/2006 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 31 employees. The loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 Enterprise 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: Obtaining Funding - How to Decide How Much to Raise Best Banks in Allison Park, Pennsylvania
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