Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Pittsburgh SBA Lenders

 

 
Loan Census SBA Loan Info

Pittsburgh, Pennsylvania Bank Lends Money to General Warehousing And Storage Company in Louisville, Kentucky

Thinking about meeting with a Pittsburgh, Pennsylvania bank about a business loan? Here's one Kentucky business loan, issued by a Pittsburgh bank, that was approved by the SBA.

Applying for an SBA loan with Pnc Bank, National Association worked out well for our friends at one local company in Louisville, Kentucky. They got an SBA loan for $100,000. Great job!

SBA Loan Borrower

COMPANY TYPE: GENERAL WAREHOUSING AND STORAGE
LOUISVILLE, KY 40299

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

493110 - General Warehousing and Storage

Loan Approval Date

1/6/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 documents indicated that the loan would help generate 1 new job and retain 9 existing jobs.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

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:

Determining Proper Capital Structure for a Business

Best Banks for Small Business in Pittsburgh, Pennsylvania

SBA Lenders in Pennsylvania