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May 15, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Amherst, Business Loans > Manufacturers & Traders Trust Amherst Business Loans > Industrial Process Furnaces And Ovens Loan | ||||
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How to Get a Small Business Loan in Williamsport, Pennsylvania
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Pennsylvania SBA Loan Issued to Industrial Process Furnaces And Ovens CompanyPennsylvaniaBusiness loans are available to Pennsylvania business owners through the SBA. In this case, a New York bank provides the loan. This small business, based in Williamsport, Pennsylvania, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Manufacturers & Traders Trust. We've got the inside scoop on this Pennsylvania small business loan. SBA Loan Borrower COMPANY TYPE: INDUSTRIAL PROCESS FURNACES AND OVENS SBA Loan Lender MANUFACTURERS & TRADERS TRUST This business loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA provides a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3567 - Industrial Process Furnaces and Ovens NAICS Code 333994 - Industrial Process Furnace and Oven Manufacturing Loan Approval Date 9/12/2000 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $360,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 13 employees. The SBA loan documents did not indicate that the small business planned to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Manufacturers & Traders Trust and they will explain how you can get an SBA loan for your company. 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: Small Bank Loans in Amherst, New York
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