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May 5, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Johnstown, Business Loans > Ameriserv Financial Bank Johnstown Business Loans > Engineering Services Loan | ||||
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Business Loans for Pittsburgh Small Businesses
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Engineering Services Business LoansLooking for business loans for engineering services? An SBA loan may be just what you've been looking for. This $1,400,000 engineering services loan was issued by a Pennsylvania bank. This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Ameriserv Financial Bank, out of Johnstown, Pennsylvania. The loan was granted and they received $1,400,000 to help grow their Pittsburgh, Pennsylvania business. SBA Loan Borrower COMPANY TYPE: ENGINEERING SERVICES SBA Loan Lender AMERISERV FINANCIAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541330 - Engineering Services Loan Approval Date 10/24/2007 Loan Approval Gross Amount $1,400,000 Loan Approval from the SBA Of the total $1,400,000 loan amount, the SBA guaranteed $1,050,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 25 employees. The loan application indicated that the funding would help generate 25 new jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you want money for start up business? 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: Banking Deregulation's Effects on Entrepreneurship SBA 7A Lenders in Johnstown, Pennsylvania
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