Greenville, Pennsylvania Bank Gives SBA Loan to Groceries And Related Products Company

Get to know Greenville, Pennsylvania banks that specialize in business loans and know how to work with entrepreneurs. First National Bank - Pennsylvania is one such bank, as evidenced by this SBA loan to a growing company.

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

SBA Loan Borrower

COMPANY TYPE: GROCERIES AND RELATED PRODUCTS
PITTSBURGH, PA 15212

SBA Loan Lender

FIRST NATIONAL BANK - PENNSYLVANIA
166 MAIN ST
GREENVILLE, PA 16125

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5149 - Groceries and Related Products

Loan Approval Date

9/28/2000

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $40,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $50,000 loan. Remember, anyone can do it... so why not 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:

Role of Business Plan When Raising Money

SBA Approved Banks in Greenville, Pennsylvania

Pennsylvania SBA Bank Lenders