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May 19, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Allison Park, Business Loans > Enterprise Bank Allison Park Business Loans > Fiber Optic Cable Manufacturing Loan | ||||
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Allison Park Lenders
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Allison Park, Pennsylvania Bank Gives SBA Loan to Fiber Optic Cable Manufacturing CompanyGet to know Allison Park, Pennsylvania banks that specialize in small business loans and know how to work with entrepreneurs. Enterprise Bank is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Ellwood City, Pennsylvania starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Enterprise Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: FIBER OPTIC CABLE MANUFACTURING SBA Loan Lender ENTERPRISE BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 335921 - Fiber Optic Cable Manufacturing Loan Approval Date 9/11/2006 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you need seed money for a small 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: Role of Business Plan When Raising Money SBA Participating Banks in Allison Park, Pennsylvania
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