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November 15, 2024  
 
 
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We Needed an SBA 7A Loan in Shamokin, Pennsylvania and We Got One!

 

 
Loan Census SBA Loan Info

Borrowing Money for Asphalt Paving Mixture and Block Manufacturing

Looking for loans for asphalt paving mixture and block manufacturing? Try the SBA. This $115,000 asphalt paving mixture and block manufacturing loan was issued by a Pennsylvania bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Shamokin, Pennsylvania was able to borrow $115,000 from Omega Bank. The SBA made the loan possible by guaranteeing $57,500 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: ASPHALT PAVING MIXTURE AND BLOCK MANUFACTURING
SHAMOKIN, PA 17872

SBA Loan Lender

OMEGA BANK
7409 W BRANCH HWY
LEWISBURG, PA 17837

This SBA small business 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

324121 - Asphalt Paving Mixture and Block Manufacturing

Loan Approval Date

8/26/2003

Loan Approval Gross Amount

$115,000

Loan Approval from the SBA

Of the total $115,000 loan amount, the SBA guaranteed $57,500.

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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in Shamokin PA, you ought to talk with a local Shamokin SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Shamokin businesses.

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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