Small Business Loans for Household Vacuum Cleaner Manufacturing

With these small business loans for household vacuum cleaner manufacturing, the SBA guarantees the lender that the loan will be repaid. This household vacuum cleaner manufacturing loan for $85,000 was given to a Pennsylvania entrepreneur in 2002.

This company knew how to go about getting a business bank loan. Based in Pittsburgh, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was National City Bank, based in Pittsburgh, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: HOUSEHOLD VACUUM CLEANERS
PITTSBURGH, PA 15236

SBA Loan Lender

NATIONAL CITY BANK
20 STANWIX ST, NATIONAL CITY
PITTSBURGH, PA 15222

This lender issued this particular SBA 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.

SIC Code

3635 - Household Vacuum Cleaners

NAICS Code

335212 - Household Vacuum Cleaner Manufacturing

Loan Approval Date

9/19/2002

Loan Approval Gross Amount

$85,000

Loan Approval from the SBA

Of the total $85,000 loan amount, the SBA guaranteed $72,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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.

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