Iron and Steel Forging SBA Loans

Looking for SBA loans for iron and steel forging? Talk to a banker who works with the SBA. This $30,000 iron and steel forging loan was issued by a Pennsylvania bank.

Getting a small business loan in Port Alleghany, Pennsylvania was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Northwest Savings Bank, operating out of Warren, Pennsylvania. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: IRON AND STEEL FORGINGS
PORT ALLEGHANY, PA 16743

SBA Loan Lender

NORTHWEST SAVINGS BANK
100 LIBERTY ST
WARREN, PA 16365

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

3462 - Iron and Steel Forgings

NAICS Code

332111 - Iron and Steel Forging

Loan Approval Date

6/29/2000

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $24,000.

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 only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

We can help you find the best banks for small businesses in Port Alleghany or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Small Business Credit Cards

SBA 7A Lenders in Warren, Pennsylvania

Pennsylvania SBA Bank Lenders