Small Business Loans for Home Furnishings Stores
Looking for small business loans for home furnishings stores? The SBA may be the answer. This $140,000 home furnishings stores loan was issued by a Pennsylvania bank.
This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Dollar Bank A Fed. Savings Bk, out of Pittsburgh, Pennsylvania. The loan was granted and they received $140,000 to help grow their University Heights, Ohio business.
SBA Loan Borrower
COMPANY TYPE: HOME FURNISHINGS STORES
UNIVERSITY HEIGHTS, OH 44118
SBA Loan Lender
DOLLAR BANK A FED. SAVINGS BK
THREE GATEWAY CTR-1 EAST
PITTSBURGH, PA 15222
The lender provided this 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.
NAICS Code
442299 - Home Furnishings Stores
Loan Approval Date
6/22/2006
Loan Approval Gross Amount
$140,000
Loan Approval from the SBA
Of the total $140,000 loan amount, the SBA guaranteed $70,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 10 employees. The loan application indicated that the funding would help create 10 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.
We can help you find the best banks for small businesses in University Heights or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
The Friends and Family Network
SBA Banks in Pittsburgh, Pennsylvania
Pennsylvania SBA Bank Lenders