Mcconnellsburg, Pennsylvania Bank Lends Money to Hardwood Dimension And Flooring Mills Company in Wells Tannery, Pennsylvania

Find Mcconnellsburg, Pennsylvania banks that specialize in SBA loans and know how to work with entrepreneurs. Farmers & Merchants Trust is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Wells Tannery, Pennsylvania starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Farmers & Merchants Trust. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: HARDWOOD DIMENSION AND FLOORING MILLS
WELLS TANNERY, PA 16644

SBA Loan Lender

FARMERS & MERCHANTS TRUST
100 LINCOLN WAY EAST
MCCONNELLSBURG, PA 17233

This SBA loan was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2426 - Hardwood Dimension and Flooring Mills

NAICS Code

442210 - Floor Covering Stores

Loan Approval Date

4/17/2001

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $450,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 12 employees. The loan application did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

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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