Interior Design Services Small Business Loans
With these small business loans for interior design services, the SBA guarantees the lender that the loan will be repaid. This interior design services loan for $20,000 was given to a Pennsylvania entrepreneur in 2002.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Wexford, Pennsylvania was able to borrow $20,000 from Citizens Bank Of Pennsylvania. The SBA made the loan possible by guaranteeing $10,000 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: INTERIOR DESIGN SERVICES
WEXFORD, PA 15090
SBA Loan Lender
CITIZENS BANK OF PENNSYLVANIA
2001 MARKET ST, STE 600
PHILADELPHIA, PA 19103
This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
541410 - Interior Design Services
Loan Approval Date
12/17/2002
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Citizens Bank Of Pennsylvania that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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