Financing for Secondary Smelting, Refining, and Alloying of Nonferrous Metal

Looking for loans for secondary smelting, refining, and alloying of nonferrous metal? Try the SBA. This $195,000 secondary smelting, refining, and alloying of nonferrous metal loan was issued by a Pennsylvania bank.

This small firm knew how to go about getting a business bank loan. Based in West Pittsburg, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was S & T Bank, based in Pittsburgh, Pennsylvania.

SBA Loan Borrower

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

SBA Loan Lender

S & T BANK
2388 RTE 286
PITTSBURGH, PA 15239

This lender issued this commercial loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

331492 - Secondary Smelting, Refining, and Alloying of Nonferrous Metal

Loan Approval Date

6/13/2005

Loan Approval Gross Amount

$195,000

Loan Approval from the SBA

Of the total $195,000 loan amount, the SBA guaranteed $146,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 43 employees. This SBA loan request did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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:

Getting a Small Business Loan

Where to Get an SBA Loan in Pittsburgh, Pennsylvania

SBA Pennsylvania Lenders