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May 10, 2024  
 
 
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Loan Census SBA Loan Info

Belleville, Pennsylvania Lender Lends Money to Full-Service Restaurants Company

Find Belleville, Pennsylvania banks that specialize in small business loans and know how to work with entrepreneurs. Kishacoquillas Valley National is one such bank, as evidenced by this SBA loan to one business.

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

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
LEMONT, PA 16851

SBA Loan Lender

KISHACOQUILLAS VALLEY NATIONAL
4255 E MAIN ST
BELLEVILLE, PA 17004

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

722110 - Full-Service Restaurants

Loan Approval Date

9/28/2005

Loan Approval Gross Amount

$325,000

Loan Approval from the SBA

Of the total $325,000 loan amount, the SBA guaranteed $162,500.

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 documents indicated that the funding would help create 20 new jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Lemont PA, you ought to talk with a local Lemont SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lemont businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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:

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