First National Bank - Pennsylvania Provides SBA Loan to Buy Joe Bertin Carpet & Upholstery Clean Franchise

Borrowing money to invest in a Joe Bertin Carpet & Upholstery Clean franchise? First National Bank - Pennsylvania has a history of making these loans and they are guaranteed by the SBA.

If you live near Sharpsville, Pennsylvania and are interested in buying a Joe Bertin Carpet & Upholstery Clean franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by First National Bank - Pennsylvania. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

JOE BERTIN CARPET & UPHOLSTERY
SHARPSVILLE, PA 16150

SBA Loan Lender

FIRST NATIONAL BANK - PENNSYLVANIA
3320 E STATE ST
HERMITAGE, PA 16148

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

7217 - Carpet and Upholstery Cleaning

NAICS Code

561740 - Carpet and Upholstery Cleaning Services

Loan Approval Date

1/3/2000

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $22,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Joe Bertin Carpet & Upholstery Clean franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the funding would help create 6 new jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First National Bank - Pennsylvania had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First National Bank - Pennsylvania made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

SBIR Funding

SBA Approved Banks in Hermitage, Pennsylvania

Pennsylvania SBA 7A Banks