Financing for Brick, Stone, and Related Construction Material Merchant Wholesalers
Looking for commercial loans for brick, stone, and related construction material merchant wholesalers? An SBA loan may be just what you've been looking for. This $288,300 brick, stone, and related construction material merchant wholesalers loan was issued by an Ohio bank.
This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with The Huntington National Bank, out of Toledo, Ohio. The loan was granted and they received $288,300 to help grow their West Elizabeth, Pennsylvania business.
SBA Loan Borrower
COMPANY TYPE: BRICK, STONE, AND RELATED CONSTRUCTION MATERIAL MERCHANT WHOLESALERS
WEST ELIZABETH, PA 15088
SBA Loan Lender
THE HUNTINGTON NATIONAL BANK
519 MADISON AVE
TOLEDO, OH 43604
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
423320 - Brick, Stone, and Related Construction Material Merchant Wholesalers
Loan Approval Date
5/10/2005
Loan Approval Gross Amount
$288,300
Loan Approval from the SBA
Of the total $288,300 loan amount, the SBA guaranteed $216,225.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you have been wondering how do i get money to start a business in West Elizabeth PA, you ought to talk with a local West Elizabeth SBA lender or talk with an out-of-area SBA lender that has previously loaned money to West Elizabeth businesses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $288,300 loan. Remember, if it to be, it is up to me!
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:
Understanding Dilution
Good Banks for Small Business in Toledo, Ohio
SBA Lenders in Ohio