Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Loyalhanna, Pennsylvania Bank Loan

 

 
Loan Census SBA Loan Info

How to Get a Loan for Plumbing, Heating, and Air Conditioning Contractors

Looking for SBA loans for plumbing, heating, and air conditioning contractors? Talk to a banker who works with the SBA. This $4,500 plumbing, heating, and air conditioning contractors loan was issued by a Massachusetts bank.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Rbs Citizens, out of Norwood, Massachusetts. The loan was granted and they received $4,500 to help grow their Loyalhanna, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR CONDITIONING CONTRACTORS
LOYALHANNA, PA 15661

SBA Loan Lender

RBS CITIZENS
725 CANTON ST
NORWOOD, MA 02062

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

235110 - Plumbing, Heating, and Air Conditioning Contractors

Loan Approval Date

11/12/2002

Loan Approval Gross Amount

$4,500

Loan Approval from the SBA

Of the total $4,500 loan amount, the SBA guaranteed $2,250.

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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This SBA loan was for $4,500. How would you spend $4,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Small Business Credit Cards

Small Business Banks in Norwood, Massachusetts

Find an SBA Lender in Massachusetts