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May 15, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Wellsboro, Business Loans > Citizens & Northern Bank Wellsboro Business Loans > Industrial Process Furnace And Oven Manufacturing Loan | ||||
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Raising Money in Williamsport, Pennsylvania With SBA Loans
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Industrial Process Furnace and Oven Manufacturing LoansWith these loans for industrial process furnace and oven manufacturing, the SBA guarantees the lender that the loan will be repaid. This industrial process furnace and oven manufacturing loan for $165,408 was given to a Pennsylvania entrepreneur in 2004. This company knew how to go about getting a business bank loan. Based in Williamsport, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Citizens & Northern Bank, based in Wellsboro, Pennsylvania. SBA Loan Borrower COMPANY TYPE: INDUSTRIAL PROCESS FURNACE AND OVEN MANUFACTURING SBA Loan Lender CITIZENS & NORTHERN BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 333994 - Industrial Process Furnace and Oven Manufacturing Loan Approval Date 7/14/2004 Loan Approval Gross Amount $165,408 Loan Approval from the SBA Of the total $165,408 loan amount, the SBA guaranteed $148,867. 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 13 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: SBA 7A Banks in Wellsboro, Pennsylvania
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