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November 15, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Erie, Business Loans > National City Bank Erie Business Loans > Water, Sewer, And Utility Lines Loan | ||||
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Pennsylvania Bank SBA Loans
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National City Bank SBA Loan to Water, Sewer, And Utility Lines CompanyLooking to get a Pennsylvania business loan? Here's one Pennsylvania business loan that was approved by the SBA. This growing firm needed an SBA business loan in Venetia (rr Name Anderson), Pennsylvania back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from National City Bank, operating out of Erie, Pennsylvania. Here are the details on this Pennsylvania small business loan. SBA Loan Borrower COMPANY TYPE: WATER, SEWER, AND UTILITY LINES SBA Loan Lender NATIONAL CITY BANK This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1623 - Water, Sewer, and Utility Lines Loan Approval Date 6/12/2000 Loan Approval Gross Amount $106,500 Loan Approval from the SBA Of the total $106,500 loan amount, the SBA guaranteed $79,875. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The loan application indicated that the borrowed money would help create 7 new jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: SBA Participating Banks in Erie, Pennsylvania Getting a Business Loan in Pennsylvania
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