Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

Best Banks That Lend to Pennsylvania Businesses

 

 
Loan Census SBA Loan Info

Williamsburg, Pennsylvania Entrepreneur Gets a Small Business Loan

SBA loans in Pennsylvania are tough to come by these days. We take a look at one Pennsylvania SBA loan, provided by a Pennsylvania bank, that was approved by the SBA.

You can learn something about getting a small business loan in Williamsburg, Pennsylvania by studying this loan to a local business, made back in 2006. Banks like First Commonwealth Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: ROOFING CONTRACTORS
WILLIAMSBURG, PA 76693

SBA Loan Lender

FIRST COMMONWEALTH BANK
RTE 220 & N JUNIATA ST
HOLLIDAYSBURG, PA 16648

This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

238160 - Roofing Contractors

Loan Approval Date

4/26/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 14 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 14 existing jobs.

Getting an SBA Loan For Your Business

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

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from First Commonwealth Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

SBIR Funding

Where to Get an SBA Loan in Hollidaysburg, Pennsylvania

SBA Lenders in Pennsylvania