Floor Laying and Floor Contractors Business Loans

With these business loans for floor laying and floor contractors, the SBA guarantees the lender that the loan will be repaid. This floor laying and floor contractors loan for $41,990 was given to a Pennsylvania entrepreneur in 2001.

This small business knew how to go about getting a business bank loan. Based in Reynoldsville, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was S & T Bank, based in Pittsburgh, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: FLOOR LAYING AND OTHER FLOOR WORK
REYNOLDSVILLE, PA 15851

SBA Loan Lender

S & T BANK
2388 RTE 286
PITTSBURGH, PA 15239

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA 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

1752 - Floor Laying and Other Floor Work

NAICS Code

235520 - Floor Laying and Floor Contractors

Loan Approval Date

11/9/2001

Loan Approval Gross Amount

$41,990

Loan Approval from the SBA

Of the total $41,990 loan amount, the SBA guaranteed $31,493.

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 2 employees. The loan application did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $41,990. How would you spend $41,990 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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