Business Loans for Manufacturing
With these business loans for manufacturing, the SBA guarantees the lender that the loan will be repaid. This manufacturing loan for $10,500 was given to a Pennsylvania entrepreneur in 2003.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Roaring Spring, Pennsylvania was able to borrow $10,500 from Citizens Bank Of Pennsylvania. The SBA made the loan possible by guaranteeing $5,250 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: MANUFACTURING
ROARING SPRING, PA 16673
SBA Loan Lender
CITIZENS BANK OF PENNSYLVANIA
2001 MARKET ST, STE 600
PHILADELPHIA, PA 19103
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
339999 - Manufacturing
Loan Approval Date
9/23/2003
Loan Approval Gross Amount
$10,500
Loan Approval from the SBA
Of the total $10,500 loan amount, the SBA guaranteed $5,250.
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 only one employee. The loan application indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Borrowing Money from Friends and Family
SBA Participating Banks in Philadelphia, Pennsylvania
SBA Participating Banks in Pennsylvania