Hermitage, Pennsylvania Bank Gives SBA Loan to Mobile Food Services Company

Get to know Hermitage, Pennsylvania banks that specialize in small business loans and know how to work with entrepreneurs. First National Bank - Pennsylvania is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Ambridge, Pennsylvania starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from First National Bank - Pennsylvania. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: MOBILE FOOD SERVICES
AMBRIDGE, PA 15003

SBA Loan Lender

FIRST NATIONAL BANK - PENNSYLVANIA
3320 E STATE ST
HERMITAGE, PA 16148

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

722330 - Mobile Food Services

Loan Approval Date

5/1/2003

Loan Approval Gross Amount

$24,700

Loan Approval from the SBA

Of the total $24,700 loan amount, the SBA guaranteed $12,350.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

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

This company got an SBA loan. You can too! Maybe you want money for start up 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.

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