Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

Ameriserv Financial Bank SBA 7A Loans

 

 
Loan Census SBA Loan Info

Financing for Specialty Trade Contractors

Looking for loans for specialty trade contractors? The SBA may be the answer. This $20,000 specialty trade contractors loan was issued by a Pennsylvania bank.

This small firm knew how to go about getting a business bank loan. Based in Windber, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Ameriserv Financial Bank, based in Johnstown, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
WINDBER, PA 15963

SBA Loan Lender

AMERISERV FINANCIAL BANK
216 FRANKLIN ST
JOHNSTOWN, PA 15901

This lender processed this SBA bank 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

238990 - Specialty Trade Contractors

Loan Approval Date

1/28/2003

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 a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the funding would help create 4 new jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Windber PA, you ought to talk with a local Windber SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Windber businesses.

This SBA loan was for $20,000. How would you spend $20,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

SBIR Funding

Banks in Johnstown, Pennsylvania

SBA Pennsylvania Lenders