Commercial Loans for Wrecking and Demolition Contractors

With these commercial loans for wrecking and demolition contractors, the SBA guarantees the lender that the loan will be repaid. This wrecking and demolition contractors loan for $250,000 was given to a Pennsylvania entrepreneur in 2000.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pittsburgh, Pennsylvania was able to borrow $250,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $187,500 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: WRECKING AND DEMOLITION WORK
PITTSBURGH, PA 15208

SBA Loan Lender

RBS CITIZENS
191 SOCIAL ST
WOONSOCKET, RI 02895

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1795 - Wrecking and Demolition Work

NAICS Code

235940 - Wrecking and Demolition Contractors

Loan Approval Date

9/27/2000

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 9 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

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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Getting a Business Loan in Rhode Island