Get an SBA Loan for Heavy and Civil Engineering Construction
Looking for small business loans for heavy and civil engineering construction? Talk to a banker who works with the SBA. This $50,000 heavy and civil engineering construction loan was issued by a Pennsylvania bank.
Getting a small business loan in Youngstown, Ohio was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from First National Bank - Pennsylvania, operating out of Greenville, Pennsylvania. Here are the details on this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: HEAVY AND CIVIL ENGINEERING CONSTRUCTION
YOUNGSTOWN, OH 44502
SBA Loan Lender
FIRST NATIONAL BANK - PENNSYLVANIA
166 MAIN ST
GREENVILLE, PA 16125
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
237990 - Heavy and Civil Engineering Construction
Loan Approval Date
5/31/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Equity Financing
Best Banks for Small Business in Greenville, Pennsylvania
SBA Lenders in Pennsylvania