Erie, Pennsylvania Bank Lends Money to Accounting Services Company in Pittsburgh, Pennsylvania
Want to talk with an Erie, Pennsylvania bank about a business loan? Here's one Pennsylvania business loan, issued by an Erie bank, that was approved by the SBA.
Applying for an SBA loan with National City Bank worked out well for our friends at one local firm in Pittsburgh, Pennsylvania. The business was able to get an SBA loan for $250,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: ACCOUNTING SERVICES
PITTSBURGH, PA 15219
SBA Loan Lender
NATIONAL CITY BANK
801 STATE ST
ERIE, PA 16501
The lender provided this bank 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.
NAICS Code
541219 - Accounting Services
Loan Approval Date
10/20/2003
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
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 65 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 65 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Raising VC Money for Social Networking Companies
Best Banks for Small Business in Erie, Pennsylvania
SBA Pennsylvania Banks