Entrepreneur Works With Pittsburgh, Pennsylvania Bank to Get an SBA Loan
Get to know Pittsburgh, Pennsylvania banks that specialize in small business loans and know how to work with entrepreneurs. Dollar Bank A Fed. Savings Bk is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Moon, Pennsylvania starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Dollar Bank A Fed. Savings Bk. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: CERTIFIED PUBLIC ACCOUNTANTS
MOON, PA 15108
SBA Loan Lender
DOLLAR BANK A FED. SAVINGS BK
THREE GATEWAY CTR-1 EAST
PITTSBURGH, PA 15222
This lender processed this 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
541211 - Certified Public Accountants
Loan Approval Date
1/30/2007
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Dollar Bank A Fed. Savings Bk and they will explain how you can get an SBA loan for your company.
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:
Realistic Debt Financing Options
SBA Approved Banks in Pittsburgh, Pennsylvania
Getting an SBA Loan in Pennsylvania