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May 13, 2024  
 
 
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National City Bank Commercial Loans

 

 
Loan Census SBA Loan Info

Borrowing Money for Painting and Wall Covering

Looking for loans for painting and wall covering? Talk to a banker who works with the SBA. This $37,999 painting and wall covering loan was issued by a Pennsylvania bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with National City Bank, out of Erie, Pennsylvania. The loan was granted and they received $37,999 to help grow their Kittanning, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: PAINTING AND WALL COVERING
KITTANNING, PA 16201

SBA Loan Lender

NATIONAL CITY BANK
801 STATE ST
ERIE, PA 16501

When this loan was made, this lending institution was part of the SBA's Certified Lenders Program (CLP). This program aims to provide rapid service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235210 - Painting and Wall Covering

Loan Approval Date

5/29/2001

Loan Approval Gross Amount

$37,999

Loan Approval from the SBA

Of the total $37,999 loan amount, the SBA guaranteed $28,499.

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 16 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Kittanning PA, you ought to talk with a local Kittanning SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kittanning businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like National City Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Small Business Loan

Find an SBA Lender in Erie, Pennsylvania

Pennsylvania SBA Banks