Get an SBA Loan for Plumbing, Heating, and Air Conditioning Contractors

Looking for small business loans for plumbing, heating, and air conditioning contractors? Talk to a banker who works with the SBA. This $109,000 plumbing, heating, and air conditioning contractors loan was issued by a Pennsylvania bank.

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 2003. The lending bank was Fidelity Savings Bank D/b/a Fide, based in Pittsburgh, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING
PITTSBURGH, PA 15224

SBA Loan Lender

FIDELITY SAVINGS BANK D/B/A FIDE
1009 PERRY HWY
PITTSBURGH, PA 15237

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1711 - Plumbing, Heating, and Air-Conditioning

NAICS Code

235110 - Plumbing, Heating, and Air Conditioning Contractors

Loan Approval Date

9/30/2003

Loan Approval Gross Amount

$109,000

Loan Approval from the SBA

Of the total $109,000 loan amount, the SBA guaranteed $92,650.

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 4 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

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

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Fidelity Savings Bank D/b/a Fide and they will explain how you can get an SBA loan for your company.

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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