Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

We Needed a Small Business Loan in Pulaski, Pennsylvania and We Got One!

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Golf Courses and Country Clubs

Looking for small business loans for golf courses and country clubs? The SBA may be the answer. This $100,000 golf courses and country clubs loan was issued by a Pennsylvania bank.

This company knew how to go about getting a business bank loan. Based in Pulaski, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was First Commonwealth Bank, based in Hollidaysburg, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: GOLF COURSES AND COUNTRY CLUBS
PULASKI, PA 16143

SBA Loan Lender

FIRST COMMONWEALTH BANK
RTE 220 & N JUNIATA ST
HOLLIDAYSBURG, PA 16648

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

713910 - Golf Courses and Country Clubs

Loan Approval Date

11/25/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in Pulaski PA, you ought to talk with a local Pulaski SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pulaski businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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Best Hollidaysburg, Pennsylvania Banks for Small Business

SBA Pennsylvania Lenders