Allison Park, Pennsylvania Bank Lends Money to Tax Preparation Services Company in Pittsburgh, Pennsylvania
Get to know Allison Park, Pennsylvania banks that specialize in business loans and know how to work with entrepreneurs. Enterprise Bank 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 small company received funding from Enterprise Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: TAX PREPARATION SERVICES
PITTSBURGH, PA 15205
SBA Loan Lender
ENTERPRISE BANK
4091 MOUNT ROYAL BLVD
ALLISON PARK, PA 15101
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
541213 - Tax Preparation Services
Loan Approval Date
1/25/2006
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
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 10 employees. This SBA loan request indicated that the funding would help generate 2 new jobs.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to raise money for a business in Pittsburgh PA, you ought to talk with a local Pittsburgh SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pittsburgh businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Enterprise Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Business Line of Credit
SBA Approved Banks in Allison Park, Pennsylvania
SBA Participating Banks in Pennsylvania