Commercial Loans for Special Trade Contractors
Looking for commercial loans for special trade contractors? The SBA may be the answer. This $300,000 special trade contractors loan was issued by a Pennsylvania bank.
This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Enterprise Bank, out of Allison Park, Pennsylvania. The loan was granted and they received $300,000 to help grow their Oakdale, Pennsylvania business.
SBA Loan Borrower
COMPANY TYPE: WRECKING AND DEMOLITION WORK
OAKDALE, PA 15071
SBA Loan Lender
ENTERPRISE BANK
4091 MOUNT ROYAL BLVD
ALLISON PARK, PA 15101
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1795 - Wrecking and Demolition Work
NAICS Code
235990 - Special Trade Contractors
Loan Approval Date
2/13/2002
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
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 12 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $300,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Find Start-Up Capital
Small Business Banks in Allison Park, Pennsylvania
SBA Pennsylvania Lenders