 |
 |
December 22, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Hollidaysburg, Business Loans > First Commonwealth Bank Hollidaysburg Business Loans > Electrical Work Loan | ||||
 |
||||
SBA Lender Hollidaysburg, Pennsylvania
|
||||
 |
Entrepreneur Works With Hollidaysburg, Pennsylvania Bank to Get an SBA LoanA Hollidaysburg, Pennsylvania business loan can be yours. Learn how a business got a $626,500 business loan from this Pennsylvania bank. This loan to a local firm is a good example of an SBA loan. First Commonwealth Bank made the loan and the SBA guaranteed a portion of the loan. Many other Pennsylvania entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: ELECTRICAL WORK SBA Loan Lender FIRST COMMONWEALTH 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. SIC Code 1731 - Electrical Work NAICS Code 238210 - Electrical Contractors and Wiring Installation Contractors Loan Approval Date 11/10/2005 Loan Approval Gross Amount $626,500 Loan Approval from the SBA Of the total $626,500 loan amount, the SBA guaranteed $469,875. 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 21 employees. The SBA loan documents did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you are working on finding money to start a business in Ligonier PA, you ought to talk with a local Ligonier SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ligonier businesses. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from First Commonwealth Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: SBA Approved Banks in Hollidaysburg, Pennsylvania
|
|
||
|
||||
|
|
||||