Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

West Pittsburg, Pennsylvania Bank for SBA Loans

 

 
Loan Census SBA Loan Info

How to Get a Loan for Primary Smelting and Refining of Nonferrous Metal

With these SBA loans for primary smelting and refining of nonferrous metal, the SBA guarantees the lender that the loan will be repaid. This primary smelting and refining of nonferrous metal loan for $150,000 was given to a Pennsylvania entrepreneur in 2004.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with The Huntington National Bank, out of Salineville, Ohio. The loan was granted and they received $150,000 to help grow their West Pittsburg, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: PRIMARY SMELTING AND REFINING OF NONFERROUS METAL
WEST PITTSBURG, PA 16160

SBA Loan Lender

THE HUNTINGTON NATIONAL BANK
10 E MAIN ST
SALINEVILLE, OH 43945

The lender provided this bank 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

331419 - Primary Smelting and Refining of Nonferrous Metal

Loan Approval Date

8/6/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 51 employees. The SBA loan application for the borrower indicated that the loan would help generate 20 new jobs and retain 31 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

We can help you find the best banks for small businesses in West Pittsburg 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:

Obtaining Funding - How to Decide How Much to Raise

SBA Approved Banks in Salineville, Ohio

Getting an SBA Loan in Ohio