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December 20, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Erie, Business Loans > National City Bank Erie Business Loans > Special Trade Contractors Loan | ||||
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Pennsylvania Bank SBA Loans
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National City Bank SBA Loan to Special Trade Contractors CompanyWant a Pennsylvania SBA loan? Here's one Pennsylvania business loan that was approved by the SBA. This local small business knew how to go about getting a business bank loan. Based in Ligonier, Pennsylvania, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was National City Bank, based in Erie, Pennsylvania. SBA Loan Borrower COMPANY TYPE: SPECIAL TRADE CONTRACTORS SBA Loan Lender NATIONAL CITY BANK This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1799 - Special Trade Contractors Loan Approval Date 4/3/2000 Loan Approval Gross Amount $153,300 Loan Approval from the SBA Of the total $153,300 loan amount, the SBA guaranteed $114,975. 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 9 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 9 new jobs. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Where to Get an SBA Loan in Erie, Pennsylvania
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