How to Get a Loan for Metal Heat Treating
With these commercial loans for metal heat treating, the SBA guarantees the lender that the loan will be repaid. This metal heat treating loan for $250,000 was given to a Pennsylvania entrepreneur in 2007.
This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Enterprise Bank, out of Allison Park, Pennsylvania. The loan was granted and they received $250,000 to help grow their New Castle, Pennsylvania business.
SBA Loan Borrower
COMPANY TYPE: METAL HEAT TREATING
NEW CASTLE, PA 16102
SBA Loan Lender
ENTERPRISE BANK
4091 MOUNT ROYAL BLVD
ALLISON PARK, PA 15101
This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
332811 - Metal Heat Treating
Loan Approval Date
9/5/2007
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 12 new jobs and retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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 - How to Decide How Much to Raise
Who Lends Money to Small Businesses in Allison Park, Pennsylvania
Pennsylvania SBA 7A Lenders