Entrepreneur Works With Hollidaysburg, Pennsylvania Bank to Get an SBA Loan
Thinking about meeting with a Hollidaysburg, Pennsylvania bank about a business loan? Here's one Pennsylvania business loan, issued by a Hollidaysburg bank, that was approved by the SBA.
Applying for an SBA loan with First Commonwealth Bank worked out well for our friends at one local firm in Williamsburg, Pennsylvania. The business was able to get an SBA loan for $95,000. Nice!
SBA Loan Borrower
COMPANY TYPE: SPECIAL TRADE CONTRACTORS
WILLIAMSBURG, PA 16693
SBA Loan Lender
FIRST COMMONWEALTH BANK
RTE 220 & N JUNIATA ST
HOLLIDAYSBURG, PA 16648
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
235990 - Special Trade Contractors
Loan Approval Date
10/9/2001
Loan Approval Gross Amount
$95,000
Loan Approval from the SBA
Of the total $95,000 loan amount, the SBA guaranteed $47,500.
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 11 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Bank Credit Lines
SBA Banks in Hollidaysburg, Pennsylvania
SBA Lenders in Pennsylvania