Pnc Bank, National Association SBA Loan to Health And Allied Services Company

Looking to get a New Jersey small business loan? Here's one New Jersey business loan that was approved by the SBA.

This up and coming company knew how to go about getting a business bank loan. Based in Morgan Heights, New Jersey, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Pnc Bank, National Association, based in Pittsburgh, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: HEALTH AND ALLIED SERVICES
MORGAN HEIGHTS, NJ 08879

SBA Loan Lender

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

The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

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

SIC Code

8099 - Health and Allied Services

Loan Approval Date

1/12/2000

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

If you need business start up money in Morgan Heights NJ, you ought to talk with a local Morgan Heights SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Morgan Heights businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Pnc Bank, National Association that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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