Emlenton, Pennsylvania Lender Lends Money to Fabricated Structural Metal Manufacturing Company

Find Emlenton, Pennsylvania banks that specialize in small business loans and know how to work with entrepreneurs. Farmers National Bank - Emlenton is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Parker, Pennsylvania starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Farmers National Bank - Emlenton. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: FABRICATED STRUCTURAL METAL MANUFACTURING
PARKER, PA 16049

SBA Loan Lender

FARMERS NATIONAL BANK - EMLENTON
612 MAIN ST
EMLENTON, PA 16373

This lender issued this loan for a small business under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332312 - Fabricated Structural Metal Manufacturing

Loan Approval Date

5/4/2001

Loan Approval Gross Amount

$725,000

Loan Approval from the SBA

Of the total $725,000 loan amount, the SBA guaranteed $652,500.

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 22 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you want money for new small business in Parker PA, you ought to talk with a local Parker SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Parker businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Farmers National Bank - Emlenton are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Business Incubators

Small Business Banks in Emlenton, Pennsylvania

Pennsylvania SBA Bank Lenders