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May 14, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Erie, Business Loans > National City Bank Erie Business Loans > Painting And Wall Covering Loan | ||||
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SBA Lender Erie
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Erie, Pennsylvania Bank Lends Money to Painting And Wall Covering Company in Kittanning, PennsylvaniaThinking about meeting with an Erie, Pennsylvania bank about a small business loan? Here's one Pennsylvania business loan, issued by an Erie bank, that was approved by the SBA. Applying for an SBA loan with National City Bank worked out well for our friends at one local company in Kittanning, Pennsylvania. They got an SBA loan for $30,598. Sweet! SBA Loan Borrower COMPANY TYPE: PAINTING AND WALL COVERING SBA Loan Lender NATIONAL CITY BANK This commercial loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications. 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 $30,598 Loan Approval from the SBA Of the total $30,598 loan amount, the SBA guaranteed $22,949. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 16 employees. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Advice on Getting a Small Business Loan Find an SBA Lender in Erie, Pennsylvania
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