SBA Loan from Dollar Bank A Fed. Savings Bk Helps Computer Related Services Company

An SBA loan from Dollar Bank A Fed. Savings Bk typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Pittsburg, Pennsylvania business owner got a $103,700 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pittsburg, Pennsylvania was able to borrow $103,700 from Dollar Bank A Fed. Savings Bk. The SBA made the loan possible by guaranteeing $88,145 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: COMPUTER RELATED SERVICES
PITTSBURG, PA 15205

SBA Loan Lender

DOLLAR BANK A FED. SAVINGS BK
THREE GATEWAY CTR-1 EAST
PITTSBURGH, PA 15222

This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541519 - Computer Related Services

Loan Approval Date

12/10/2004

Loan Approval Gross Amount

$103,700

Loan Approval from the SBA

Of the total $103,700 loan amount, the SBA guaranteed $88,145.

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 3 employees. The loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Pittsburg or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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