Business Loan from First National Bank - Pennsylvania Given to Offices And Clinics Of Chiropractors Company
First National Bank - Pennsylvania has a track record as a leading provider of SBA loans. Find out how this Ohio entrepreneur received an SBA loan from them.
This growing company knew how to go about getting a business bank loan. Based in Warren, Ohio, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was First National Bank - Pennsylvania, based in Youngstown, Ohio.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS
WARREN, OH 44484
SBA Loan Lender
FIRST NATIONAL BANK - PENNSYLVANIA
ONE FEDERAL PLZ WEST
YOUNGSTOWN, OH 44503
This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8041 - Offices and Clinics of Chiropractors
NAICS Code
621310 - Chiropractors
Loan Approval Date
6/16/2000
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $40,000.
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 3 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Obtaining Funding From a Venture Capitalist
SBA 7A Banks for Youngstown, Ohio Loans
SBA Participating Banks in Ohio