Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

What Does It Take to Get a Business Loan in Monroeville, Pennsylvania?

 

 
Loan Census SBA Loan Info

Financing for Environmental Consulting Services

With these loans for environmental consulting services, the SBA guarantees the lender that the loan will be repaid. This environmental consulting services loan for $50,000 was given to a Pennsylvania entrepreneur in 2004.

This small firm knew how to go about getting a business bank loan. Based in Monroeville, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Citizens Bank Of Pennsylvania, based in Philadelphia, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: ENVIRONMENTAL CONSULTING SERVICES
MONROEVILLE, PA 15146

SBA Loan Lender

CITIZENS BANK OF PENNSYLVANIA
2001 MARKET ST, STE 600
PHILADELPHIA, PA 19103

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

541620 - Environmental Consulting Services

Loan Approval Date

5/13/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 15 employees. This SBA loan request indicated that the loan would help retain 15 existing jobs.

Next Steps for Getting an SBA Loan

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.

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:

Obtaining Funding - Friends and Family

Where to Get an SBA Loan in Philadelphia, Pennsylvania

SBA Lenders in Pennsylvania